Inter Pipeline (OTCMKTS:IFCZF) had its target price lifted by TD Securities from $150.00 to $155.00 in a research note released on Wednesday, The Fly reports. They currently have a buy rating on the stock.
A number of other equities research analysts have also weighed in on IFCZF. Scotiabank lifted their price objective on Inter Pipeline from $151.00 to $155.00 and gave the company an outperform rating in a report on Thursday, July 23rd. CIBC lifted their price objective on Inter Pipeline from $130.00 to $140.00 and gave the company a neutral rating in a report on Monday, April 20th. They noted that the move was a valuation call. Finally, Royal Bank of Canada lowered their price objective on Inter Pipeline from $155.00 to $151.00 and set an outperform rating on the stock in a report on Thursday, July 9th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Inter Pipeline presently has an average rating of Buy and an average price target of $156.20.
Shares of IFCZF stock opened at $107.94 on Wednesday. Inter Pipeline has a 52-week low of $74.23 and a 52-week high of $117.51. The stock’s 50-day moving average price is $97.23 and its 200 day moving average price is $99.49.
Inter Pipeline Company Profile
Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products to individuals and businesses in Canada and the United States. It offers personal auto insurance; and insurance for motor homes, recreational vehicles, motorcycles, snowmobiles, and all-terrain vehicles.
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