Inter Pipeline Ltd Just Recorded A Sigfniciant Increase

 Inter Pipeline Ltd Just Recorded A Sigfniciant Increase

The stock of Inter Pipeline Ltd (TSE:IPL) is a huge mover today! About 56,868 shares traded hands. Inter Pipeline Ltd (TSE:IPL) has risen 2.35% since April 1, 2016 and is uptrending. It has outperformed by 0.39% the S&P500.
The move comes after 8 months positive chart setup for the $9.85B company. It was reported on Nov, 8 by Barchart.com. We have $37.25 PT which if reached, will make TSE:IPL worth $3.74B more.

Inter Pipeline Ltd (TSE:IPL) Ratings Coverage

Out of 4 analysts covering Inter Pipeline Ltd. (TSE:IPL), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. $36 is the highest target while $25 is the lowest. The $28.63 average target is 6.08% above today’s ($26.99) stock price. Inter Pipeline Ltd. has been the topic of 20 analyst reports since August 7, 2015 according to StockzIntelligence Inc. BMO Capital Markets maintained Inter Pipeline Ltd (TSE:IPL) rating on Thursday, August 18. BMO Capital Markets has “Market Perform” rating and $28 price target. The stock of Inter Pipeline Ltd (TSE:IPL) has “Market Perform” rating given on Friday, August 7 by Raymond James. Scotia Capital maintained Inter Pipeline Ltd (TSE:IPL) on Friday, August 7 with “Sector Perform” rating. The firm earned “Market Perform” rating on Thursday, February 4 by BMO Capital Markets. Raymond James maintained the shares of IPL in a report on Monday, June 6 with “” rating. On Friday, August 7 the stock rating was maintained by TD Securities with “Buy”. The firm has “Outperform” rating given on Friday, August 7 by National Bank Canada.

More notable recent Inter Pipeline Ltd (TSE:IPL) news were published by: Bloomberg.com which released: “Inter Pipeline Makes $1 Billion Bet on Rally in Williams Buy” on August 08, 2016, also Business.Financialpost.com with their article: “Inter Pipeline Ltd upgraded following Williams deal” published on August 18, 2016, Forbes.com published: “Ex-Div Reminder for Inter Pipeline (IPL)” on November 17, 2015. More interesting news about Inter Pipeline Ltd (TSE:IPL) were released by: Forbes.com and their article: “Inter Pipeline About To Put More Money In Your Pocket (IPL)” published on July 18, 2016 as well as Fool.ca‘s news article titled: “Inter Pipeline Ltd: Is the 7% Yield Reliable?” with publication date: February 08, 2016.

Inter Pipeline Ltd. owns and operates energy infrastructure assets located in western Canada and Europe. The company has a market cap of $9.85 billion. Inter Pipeline operates in four divisions: oil sands transportation business, conventional oil pipelines business, natural gas liquids (NGL) extraction business and the bulk liquid storage business. It has a 20.06 P/E ratio. The Company’s oil sands transportation business consists of the Corridor, Cold Lake and Polaris pipeline systems, which transport petroleum products and provide related blending and handling services in Alberta.

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