Inter Pipeline (TSE:IPL) had its price objective hoisted by TD Securities from C$33.00 to C$35.00 in a research report sent to investors on Tuesday morning. They currently have a buy rating on the stock.

Several other equities analysts have also recently issued reports on the company. Raymond James Financial boosted their price target on Inter Pipeline from C$26.00 to C$28.00 and gave the company a market perform rating in a research report on Monday, November 13th. GMP Securities boosted their price target on Inter Pipeline from C$29.00 to C$29.50 in a research report on Monday, November 13th. CIBC dropped their price target on Inter Pipeline from C$31.00 to C$30.00 in a research report on Monday, November 13th. BMO Capital Markets restated an outperform rating and issued a C$28.00 price target on shares of Inter Pipeline in a research report on Friday, November 10th. Finally, AltaCorp Capital upgraded Inter Pipeline from a sector perform rating to an outperform rating in a research report on Tuesday, August 22nd. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of C$30.17.

Shares of Inter Pipeline (IPL) opened at C$25.70 on Tuesday. Inter Pipeline has a fifty-two week low of C$22.14 and a fifty-two week high of C$30.07.

The firm also recently announced a monthly dividend, which will be paid on Monday, January 15th. Shareholders of record on Monday, January 15th will be given a dividend of $0.14 per share. This represents a $1.68 annualized dividend and a yield of 6.54%. The ex-dividend date of this dividend is Thursday, December 21st. Inter Pipeline’s payout ratio is 117.03%.

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Inter Pipeline Company Profile

Inter Pipeline Ltd. is a petroleum transportation, storage and natural gas liquids processing business. The Company’s segments include oil sands transportation business, conventional oil pipelines business, natural gas liquids (NGL) processing business and bulk liquid storage business. The Company geographical segments include Canada and Europe.

Analyst Recommendations for Inter Pipeline (TSE:IPL)

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