TD Securities Downgrades Inter Pipeline Fund to Hold (IPL.UN)
Inter Pipeline Fund (TSE:IPL.UN) was downgraded by stock analysts at TD Securities from a “buy” rating to a “hold” rating in a report issued on Friday, AmericanBankingNews.com reports. They currently have a C$29.00 target price on the stock, up from their previous target price of C$28.00.
A number of other firms have also recently commented on IPL.UN. Analysts at RBC Capital cut their price target on shares of Inter Pipeline Fund from C$29.00 to C$30.00 in a research note on Thursday, January 30th. They now have an “outperform” rating on the stock. Analysts at Canaccord Genuity raised their price target on shares of Inter Pipeline Fund from C$28.00 to C$30.00 in a research note on Thursday, January 30th. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Inter Pipeline Fund presently has an average rating of “Buy” and an average target price of C$28.36.
Inter Pipeline Fund (TSE:IPL) is a limited partnership engaged in petroleum transportation, natural gas liquids extraction, and bulk liquid storage business.
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