Published On: Wed, Oct 19th, 2016

New Analyst Ratings On InterOil Corporation (NYSE:IOC)


Recently stock market analysts have updated their consensus ratings on shares of InterOil Corporation (NYSE:IOC).

Most recent broker ratings

08/15/2016 – InterOil Corporation was downgraded to “market perform” by analysts at Sanford C. Bernstein. They now have a USD 52 price target on the stock.

08/02/2016 – Goldman Sachs began new coverage on InterOil Corporation giving the company a “neutral” rating. They now have a USD 50 price target on the stock.

06/16/2016 – InterOil Corporation was downgraded to “market perform” by analysts at Raymond James.

05/24/2016 – InterOil Corporation was downgraded to “neutral” by analysts at Citigroup.

08/17/2015 – InterOil Corporation had its “outperform” rating reiterated by analysts at Credit Suisse.

08/04/2015 – InterOil Corporation was upgraded to “outperform” by analysts at Macquarie.

06/25/2015 – InterOil Corporation had its “overweight” rating reiterated by analysts at Morgan Stanley. They now have a USD 85 price target on the stock.

02/20/2015 – InterOil Corporation was upgraded to “outperform” by analysts at Zacks. They now have a USD 50.4 price target on the stock.

05/19/2014 – InterOil Corporation was upgraded to “hold” by analysts at TheStreet.

InterOil Corporation has a 50 day moving average of 49.79 and a 200 day moving average of 43.63. The stock’s market capitalization is 2.50B, it has a 52-week low of 21.18 and a 52-week high of 51.49.

The share price of the company (NYSE:IOC) was up +0.64% during the last trading session, with a high of 50.08 and the volume of InterOil Corporation shares traded was 121866.

InterOil Corporation (InterOil) is an oil and gas business with a sole focus on Papua New Guinea (PNG). The Company’s segments include Upstream and Corporate. The Upstream segment includes exploration, appraisal and development of hydrocarbon structures in PNG. The Corporate segment provides support to the Company’s other business segments through business development and improvement activities, general services, administration, human resources, executive management, financing and treasury, government affairs and investor relations. InterOil holds interests across over four exploration and approximately two production retention licenses in the Eastern Papuan Basin of Papua New Guinea. Its assets include the Elk, Antelope, Triceratops, Raptor and Bobcat fields in the Gulf Province of Papua New Guinea, and exploration licenses covering approximately 16,000 square kilometers (over four million acres) in Papua New Guinea.