Analyst Activity – Royal Bank Of Canada Raises Its Price Target On Inter Pipeline Ltd (TSE:IPL) to C$32.00

Analyst Ratings For Inter Pipeline Ltd (TSE:IPL)

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Today, Royal Bank Of Canada raised its price target on Inter Pipeline Ltd (TSE:IPL) to C$32.00 per share.

There are 7 hold ratings, 2 buy ratings on the stock.

The current consensus rating on Inter Pipeline Ltd (TSE:IPL) is Hold (Score: 2.22) with a consensus target price of C$30.44 per share, a potential .

Some recent analyst ratings include

  • 2/17/2017-Raymond James Financial, Inc. Reiterated Rating of Market Perform.
  • 2/17/2017-Scotiabank Reiterated Rating of Sector Perform.

    About Inter Pipeline Ltd (TSE:IPL)
    Inter Pipeline Ltd. (Inter Pipeline) owns and operates energy infrastructure assets located in western Canada and Europe. Inter Pipeline operates in four segments: oil sands transportation business, conventional oil pipelines business, natural gas liquids (NGL) extraction business and the bulk liquid storage business. Its 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. Its conventional oil pipelines business involves the transportation, storage and processing of hydrocarbons, as well as midstream marketing blending and handling services. Its NGL extraction business consists of processing natural gas to extract NGLs, including ethane and a mixture of propane, butane and pentanes plus. Its bulk liquid storage business involves the storage and handling of bulk liquid products through the operation of over 10 bulk liquid storage terminals.

    Recent Trading Activity for Inter Pipeline Ltd (TSE:IPL)
    Shares of Inter Pipeline Ltd closed the previous trading session at 29.28 down -0.09 -0.32% with 1,051,170 shares trading hands.

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