Inter Pipeline Ltd (OTCMKTS:IPPLF) Receives Average Recommendation of “Hold” from Brokerages

Shares of Inter Pipeline Ltd (OTCMKTS:IPPLF) have received an average rating of “Hold” from the six analysts that are presently covering the firm, MarketBeat reports. One research 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.

Several equities analysts recently issued reports on the company. CIBC upgraded Inter Pipeline from a “neutral” rating to an “outperform” rating in a research note on Monday, August 12th. BMO Capital Markets restated a “hold” rating on shares of Inter Pipeline in a research note on Monday, September 9th.

Shares of IPPLF opened at $16.87 on Wednesday. Inter Pipeline has a 12-month low of $13.66 and a 12-month high of $19.30. The stock’s 50-day moving average price is $18.04 and its 200 day moving average price is $16.75.

About Inter Pipeline

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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Analyst Recommendations for Inter Pipeline (OTCMKTS:IPPLF)

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