International Petroleum Co. (TSE:IPCO – Get Free Report)’s share price shot up 0.3% during mid-day trading on Wednesday . The company traded as high as C$19.37 and last traded at C$19.12. 26,437 shares traded hands during mid-day trading, a decline of 58% from the average session volume of 62,474 shares. The stock had previously closed at C$19.07.
Analyst Ratings Changes
A number of equities analysts have weighed in on IPCO shares. Scotiabank increased their target price on shares of International Petroleum from C$20.00 to C$21.00 in a research report on Friday, July 12th. ATB Capital raised their price objective on shares of International Petroleum from C$19.00 to C$21.00 and gave the stock a “sector perform” rating in a report on Wednesday, July 31st.
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International Petroleum Price Performance
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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