International Petroleum Co. (TSE:IPCO – Get Free Report) shares shot up 0.3% on Wednesday . The company traded as high as C$19.37 and last traded at C$19.12. 26,437 shares were traded during trading, a decline of 58% from the average session volume of 62,474 shares. The stock had previously closed at C$19.07.
Analysts Set New Price Targets
IPCO has been the subject of a number of research analyst reports. Scotiabank raised their target price on International Petroleum from C$20.00 to C$21.00 in a research note on Friday, July 12th. ATB Capital raised their price objective on International Petroleum from C$19.00 to C$21.00 and gave the stock a “sector perform” rating in a research note on Wednesday, July 31st.
Read Our Latest Research Report on IPCO
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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