Inplay Oil Corp (TSE:IPO) has been given a C$2.40 price target by analysts at Acumen Capital in a report issued on Tuesday. The brokerage presently has a “buy” rating on the stock. Acumen Capital’s price target suggests a potential upside of 64.38% from the stock’s previous close.

Inplay Oil Corp (TSE:IPO) traded up 10.19% during mid-day trading on Tuesday, reaching $1.73. 74,184 shares of the company’s stock traded hands. Inplay Oil Corp has a 1-year low of $1.28 and a 1-year high of $2.34. The firm has a 50-day moving average price of $1.37 and a 200-day moving average price of $1.37. The stock has a market cap of $107.35 million and a P/E ratio of 2.17.

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