InPlay Oil (TSE:IPO)‘s stock had its “outperform” rating reaffirmed by investment analysts at National Bank Financial in a report released on Tuesday. They presently have a C$3.00 price target on the stock. National Bank Financial’s price target would suggest a potential upside of 109.79% from the company’s previous close.
Separately, Laurentian raised their price objective on shares of InPlay Oil from C$3.00 to C$3.25 in a research report on Friday, September 14th.
Shares of InPlay Oil stock opened at C$1.43 on Tuesday. InPlay Oil has a 12-month low of C$1.29 and a 12-month high of C$1.98.
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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