International Petroleum (TSE:IPCO) Price Target Raised to C$21.00 at Scotiabank

International Petroleum (TSE:IPCO) had its price target boosted by Scotiabank from C$20.00 to C$21.00 in a research report report published on Friday morning, BayStreet.CA reports.

Separately, ATB Capital boosted their target price on International Petroleum from C$16.50 to C$19.00 in a research note on Monday, April 22nd.

International Petroleum Price Performance

Shares of IPCO opened at C$20.34 on Friday. The company has a debt-to-equity ratio of 44.41, a quick ratio of 3.93 and a current ratio of 2.94. The stock has a 50 day simple moving average of C$18.48 and a 200 day simple moving average of C$16.70. International Petroleum has a 52-week low of C$11.54 and a 52-week high of C$20.49. The firm has a market capitalization of C$2.54 billion, a PE ratio of 11.83 and a beta of 2.50.

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.