InPlay Oil (TSE:IPO) had its price target decreased by stock analysts at Canaccord Genuity from C$2.75 to C$2.00 in a research report issued on Thursday. Canaccord Genuity’s price objective suggests a potential upside of 94.17% from the stock’s previous close.
IPO has been the topic of a number of other research reports. National Bank Financial lowered their price target on shares of InPlay Oil from C$3.00 to C$2.25 and set an “outperform” rating on the stock in a report on Monday, December 10th. Laurentian lifted their price target on shares of InPlay Oil from C$3.00 to C$3.25 in a report on Friday, September 14th.
InPlay Oil stock opened at C$1.03 on Thursday. InPlay Oil has a 52 week low of C$0.82 and a 52 week high of C$1.98. The company has a current ratio of 0.50, a quick ratio of 0.37 and a debt-to-equity ratio of 28.73.
InPlay Oil Company Profile
Inplay Oil Corp. engages in the acquisition, exploration, and development of petroleum and natural gas properties in Canada. The company produces and sells crude oil, natural gas, and natural gas liquids. It primarily holds interests in the Caradium Formation in the Pembina and Willesden Green pools located in West Central Alberta.
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