International Petroleum (TSE:IPC) Upgraded by Scotiabank to “Strong-Buy” Rating

Scotiabank upgraded shares of International Petroleum (TSE:IPCFree Report) from a hold rating to a strong-buy rating in a report released on Friday,Zacks.com reports.

A number of other research firms have also recently issued reports on IPC. BMO Capital Markets raised International Petroleum from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 7th. National Bank Financial upgraded shares of International Petroleum to a “hold” rating in a report on Sunday, May 3rd. Two analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy”.

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