International Petroleum (TSE:IPCO) Price Target Raised to C$19.00

International Petroleum (TSE:IPCO) had its price target lifted by ATB Capital from C$16.50 to C$19.00 in a research report released on Monday, BayStreet.CA reports.

International Petroleum Stock Up 0.6 %

Shares of IPCO stock opened at C$17.49 on Monday. International Petroleum has a 12-month low of C$10.10 and a 12-month high of C$18.17. The firm has a fifty day moving average of C$15.99 and a 200-day moving average of C$15.07. The company has a market capitalization of C$2.19 billion, a price-to-earnings ratio of 10.05 and a beta of 2.53. The company has a quick ratio of 3.93, a current ratio of 3.40 and a debt-to-equity ratio of 41.38.

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.