International Petroleum (TSE:IPCO) Given New C$19.00 Price Target at ATB Capital

International Petroleum (TSE:IPCO) had its price target upped by research analysts at ATB Capital from C$16.50 to C$19.00 in a note issued to investors on Monday, BayStreet.CA reports. ATB Capital’s target price indicates a potential upside of 9.26% from the stock’s current price.

International Petroleum Trading Up 0.3 %

International Petroleum stock opened at C$17.39 on Monday. The stock has a market cap of C$2.18 billion, a P/E ratio of 9.99 and a beta of 2.53. The company has a debt-to-equity ratio of 41.38, a current ratio of 3.40 and a quick ratio of 3.93. International Petroleum has a 1 year low of C$10.10 and a 1 year high of C$18.17. The firm’s 50 day moving average price is C$15.95 and its 200-day moving average price is C$15.06.

About International Petroleum

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.