Gibson Energy (TSE:GEI) had its price objective upped by analysts at GMP Securities from C$20.75 to C$21.00 in a research note issued to investors on Wednesday. GMP Securities’ target price points to a potential upside of 20.55% from the company’s previous close.
A number of other equities research analysts have also issued reports on GEI. Desjardins dropped their price target on Gibson Energy from C$22.00 to C$20.00 in a research report on Monday, November 13th. CIBC increased their price objective on Gibson Energy from C$18.00 to C$19.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 12th. Canaccord Genuity lowered their price objective on Gibson Energy from C$20.00 to C$19.50 in a research report on Monday, November 13th. National Bank Financial lowered their price objective on Gibson Energy from C$19.00 to C$18.00 and set a “sector perform” rating for the company in a research report on Thursday, November 9th. Finally, TD Securities lowered their price objective on Gibson Energy from C$18.50 to C$17.50 and set a “hold” rating for the company in a research report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of C$18.90.
Gibson Energy (TSE:GEI) traded up C$0.22 during mid-day trading on Wednesday, hitting C$17.42. The stock had a trading volume of 157,881 shares, compared to its average volume of 249,775. Gibson Energy has a 1-year low of C$15.92 and a 1-year high of C$20.31.
Gibson Energy Company Profile
Gibson Energy Inc is a Canada-based integrated service provider to the oil and gas industry with operations across producing regions throughout North America. The Company is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, natural gas liquids (NGLs), water, oilfield waste and refined products.
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