ATB Capital upgraded shares of International Petroleum (TSE:IPCO – Free Report) from a sector perform rating to an outperform rating in a report released on Wednesday morning, BayStreet.CA reports. ATB Capital currently has C$22.00 price objective on the stock, up from their prior price objective of C$21.00.
A number of other analysts also recently commented on IPCO. Scotiabank boosted their price objective on International Petroleum from C$20.00 to C$21.00 in a research note on Friday, July 12th. BMO Capital Markets cut their price target on shares of International Petroleum from C$22.00 to C$20.00 in a report on Friday, October 4th.
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International Petroleum Price Performance
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.
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