International Petroleum (TSE:IPCO – Get Free Report) had its target price dropped by investment analysts at BMO Capital Markets from C$22.00 to C$20.00 in a report released on Friday, BayStreet.CA reports. BMO Capital Markets’ price objective would suggest a potential upside of 13.83% from the company’s previous close.
Several other research firms have also recently weighed in on IPCO. Scotiabank increased their price objective on International Petroleum from C$20.00 to C$21.00 in a research report on Friday, July 12th. ATB Capital increased their price objective on International Petroleum from C$19.00 to C$21.00 and gave the company a “sector perform” rating in a research report on Wednesday, July 31st.
Read Our Latest Research Report on IPCO
International Petroleum Stock Down 0.7 %
International Petroleum Company Profile
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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