Inter Pipeline Ltd (OTCMKTS:IPPLF) Receives Consensus Rating of “Hold” from Brokerages
Inter Pipeline Ltd (OTCMKTS:IPPLF) has been given a consensus rating of “Hold” by the six research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company.
A number of equities analysts have commented on the stock. CIBC raised shares of Inter Pipeline from a “neutral” rating to an “outperform” rating in a research note on Monday, August 12th. Raymond James reissued a “sell” rating on shares of Inter Pipeline in a research note on Tuesday, May 14th.
IPPLF stock opened at $18.17 on Tuesday. Inter Pipeline has a one year low of $13.66 and a one year high of $19.20. The firm has a 50 day simple moving average of $17.41 and a two-hundred day simple moving average of $16.29.
Inter Pipeline Ltd. engages in the petroleum transportation and storage, and natural gas liquids processing businesses in Canada and Europe. The company operates through four segments: Oil Sands Transportation; Conventional Oil Pipelines; Natural Gas Liquids (NGL) Processing; and Bulk Liquid Storage.
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