Inter Pipeline (TSE:IPL) Stock Price Crosses Below 50 Day Moving Average of $22.61
Shares of Inter Pipeline Ltd (TSE:IPL) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $22.61 and traded as low as $21.27. Inter Pipeline shares last traded at $21.61, with a volume of 2,661,910 shares.
Several research analysts have weighed in on IPL shares. JPMorgan Chase & Co. upped their target price on Inter Pipeline from C$23.00 to C$25.00 in a research report on Wednesday, August 28th. Raymond James raised Inter Pipeline from an “underperform” rating to a “market perform” rating and upped their target price for the stock from C$20.00 to C$25.00 in a research report on Monday, August 12th. Industrial Alliance Securities lowered Inter Pipeline from a “strong-buy” rating to a “hold” rating and upped their target ...