▼ -13.69% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for InPlay Oil in the last 3 months. The average price target is C$0.36, with a high forecast of C$0.45 and a low forecast of C$0.30. The average price target represents a -13.69% upside from the last price of C$0.42.
The current consensus among 2 polled investment analysts is to buy stock in InPlay Oil. This rating has held steady since December 2020, when it changed from a Hold consensus rating.
InPlay Oil Corp. engages in the acquisition, exploration, development, and production oil and natural gas properties in Canada. It primarily holds 83% working interest in the 33,467 net acres of Cardium rights located in Willesden Green, Alberta; 75% working interest in 19,494 net acres of Cardium rights in the Drayton Valley, Buck Creek, Cynthia, and Pendryl areas located in Pembina, Alberta; 75% working interest in 14,823 net acres of Belly River rights in the Knob Hill and Keystone areas located in Pigeon Lake, Alberta; 45% working interest 49,809 net acres of various rights in the Sylvan Lake and Leslieville areas located in Red Deer, Alberta; and 99.8% in 30,960 net acres of various rights in the Huxley area located in Duvernay, Alberta. The company is headquartered in Calgary, Canada.