Inter Pipeline (OTCMKTS:IPPLF) Raised to “Outperform” at CIBC

CIBC upgraded shares of Inter Pipeline (OTCMKTS:IPPLF) from a neutral rating to an outperform rating in a research report released on Monday morning, The Fly reports.

Separately, Raymond James restated a sell rating on shares of Inter Pipeline in a research note on Tuesday, May 14th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of Hold.

Shares of OTCMKTS IPPLF opened at $18.27 on Monday. Inter Pipeline has a fifty-two week low of $13.66 and a fifty-two week high of $19.26. The firm’s 50-day simple moving average is $16.95 and its 200 day simple moving average is $16.20.

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.

Featured Article: Penny Stocks, Risk and Reward Factors

The Fly

Analyst Recommendations for Inter Pipeline (OTCMKTS:IPPLF)

Receive News & Ratings for Inter Pipeline Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Inter Pipeline and related companies with's FREE daily email newsletter.