ATB Capital Increases International Petroleum (TSE:IPCO) Price Target to C$19.00

International Petroleum (TSE:IPCO) had its price objective lifted by analysts at ATB Capital from C$16.50 to C$19.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. ATB Capital’s price objective indicates a potential upside of 9.26% from the stock’s previous close.

International Petroleum Trading Up 0.3 %

IPCO opened at C$17.39 on Monday. International Petroleum has a twelve month low of C$10.10 and a twelve month high of C$18.17. The company has a quick ratio of 3.93, a current ratio of 3.40 and a debt-to-equity ratio of 41.38. The company has a fifty day moving average of C$15.95 and a 200-day moving average of C$15.06. The stock has a market cap of C$2.18 billion, a PE ratio of 9.99 and a beta of 2.53.

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.