International Petroleum (TSE:IPCO - Get Free Report) had its price target increased by equities research analysts at Scotiabank from C$20.00 to C$23.00 in a report issued on Friday,BayStreet.CA reports. The firm presently has a "sector perform" rating on the stock. Scotiabank's price target indicates a potential downside of 4.33% from the company's current price.
International Petroleum Stock Up 1.6%
Shares of International Petroleum stock traded up C$0.37 on Friday, hitting C$24.04. The company had a trading volume of 118,170 shares, compared to its average volume of 103,502. The stock has a 50-day moving average of C$19.94 and a 200-day moving average of C$19.09. The company has a debt-to-equity ratio of 47.72, a current ratio of 1.92 and a quick ratio of 3.93. International Petroleum has a twelve month low of C$14.42 and a twelve month high of C$24.15. The firm has a market capitalization of C$2.02 billion, a P/E ratio of 20.35 and a beta of 2.38.
About International Petroleum
(
Get Free Report)
International Petroleum Corporation explores for, develops, and produces oil and gas. The company holds a portfolio of oil and gas production assets and development projects in Canada, Malaysia, and France. International Petroleum Corporation was incorporated in 2017 and is based in Vancouver, Canada.
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