International Petroleum (TSE:IPCO) PT Lowered to C$20.00 at BMO Capital Markets

International Petroleum (TSE:IPCO) had its price target reduced by BMO Capital Markets from C$22.00 to C$20.00 in a report published on Friday, BayStreet.CA reports.

IPCO has been the topic of a number of other research reports. Scotiabank raised their target price on shares of International Petroleum from C$20.00 to C$21.00 in a research note on Friday, July 12th. ATB Capital boosted their target price on shares of International Petroleum from C$19.00 to C$21.00 and gave the stock a sector perform rating in a research report on Wednesday, July 31st.

International Petroleum Stock Down 0.7 %

Shares of IPCO opened at C$17.57 on Friday. The company’s fifty day moving average is C$18.35 and its two-hundred day moving average is C$18.14. International Petroleum has a fifty-two week low of C$11.94 and a fifty-two week high of C$20.59. The company has a quick ratio of 3.93, a current ratio of 2.97 and a debt-to-equity ratio of 43.56. The firm has a market cap of C$2.12 billion, a PE ratio of 9.40 and a beta of 2.43.

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.