Inter Pipeline (IPPLF) Receives “Hold” Rating from Desjardins

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Inter Pipeline (OTCMKTS:IPPLF)‘s stock had its “hold” rating reiterated by analysts at Desjardins in a research report issued to clients and investors on Wednesday.

Shares of IPPLF stock opened at $15.82 on Wednesday. Inter Pipeline has a 12-month low of $15.77 and a 12-month high of $21.84.

About Inter Pipeline

Inter Pipeline Ltd. engages in the petroleum transportation, 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. The Oil Sands Transportation segment transports petroleum products, such as bitumen blend and diluent through Cold Lake, Corridor, and Polaris pipeline systems covering approximately 3,300 kilometers of pipeline and 3.8 million barrels of storage capacity.

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