Interoil shares gets buy rating

InterOil shares have been given a consensus rating of “Buy” by the five brokerages that are presently covering the company, Market Beat.com reports.
One investment analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company.
The average one-year price target among brokers that have issued ratings on the stock in the last year is US$64.07 (K181.8).
InterOil has been the topic of several research reports.
Morgan Stanley restated an “overweight” rating and set a $85 (K241) price target (up previously from US$60 (K170)) on shares of InterOil in a research note on June 25.
Goldman Sachs upgraded shares of InterOil from a “neutral” rating to a “buy” rating in a research note on August 3.
Credit Suisse re-issued an “outperform” rating and issued a $62.20 (K176.7) price target (down from US$68 or K193) on shares of InterOil in a report on August 17.
Macquarie raised shares of InterOil from a “neutral” rating to an “outperform” rating in a report on Tuesday, August 4.
Finally, Zacks cut shares of InterOil from a buy rating to a hold rating in a research report on Monday, August 17. – Financial Wisdom