Inter Pipeline (OTCMKTS:TRSWF) Coverage Initiated by Analysts at Credit Suisse Group

Research analysts at Credit Suisse Group initiated coverage on shares of Inter Pipeline (OTCMKTS:TRSWF) in a report issued on Thursday, The Fly reports. The brokerage set a “neutral” rating on the stock.

Several other equities research analysts have also commented on TRSWF. Raymond James cut shares of Inter Pipeline to a “market perform” rating in a research report on Wednesday, July 29th. CIBC boosted their price objective on shares of Inter Pipeline from $15.50 to $16.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 4th.

OTCMKTS:TRSWF traded up $0.17 during mid-day trading on Thursday, reaching $12.75. The company’s stock had a trading volume of 2,412 shares, compared to its average volume of 8,087. Inter Pipeline has a 1 year low of $7.47 and a 1 year high of $13.82. The stock has a fifty day moving average of $12.05 and a 200-day moving average of $10.83.

About Inter Pipeline

TransAlta Renewables Inc develops, owns, and operates renewable power generation facilities. As of February 28, 2020, it owned and operated 23 wind facilities, 13 hydroelectric facilities, seven natural gas generation facilities, one solar facility, and one natural gas pipeline comprising an ownership interest of 2,527 megawatts of generating capacity located in the provinces of British Columbia, Alberta, Ontario, Qu├ębec, and New Brunswick; and the States of Wyoming, Massachusetts, and Minnesota, as well as the State of Western Australia.

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