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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.