Gibson Energy Inc. (TSE:GEI) Given Consensus Rating of “Moderate Buy” by Analysts

Gibson Energy Inc. (TSE:GEI) has been assigned a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the company, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is C$27.00.

Several brokerages recently commented on GEI. TD Securities set a C$25.00 target price on Gibson Energy and gave the company a “hold” rating in a research report on Wednesday, January 15th. Raymond James upped their target price on Gibson Energy from C$28.50 to C$30.00 in a research report on Thursday, December 5th. CIBC upped their target price on Gibson Energy from C$27.00 to C$29.00 in a research report on Thursday, December 5th. Wells Fargo & Company lowered Gibson Energy from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, December 18th. Finally, Scotiabank upped their target price on Gibson Energy from C$26.00 to C$27.00 and gave the company an “outperform” rating in a research report on Thursday.

Insider Transactions at Gibson Energy

In related news, Senior Officer Kelly Holtby acquired 2,010 shares of the stock in a transaction dated Monday, December 30th. The stock was purchased at an average cost of C$24.85 per share, with a total value of C$49,948.50. Also, Director Curtis Philippon acquired 40,000 shares of the stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of C$25.46 per share, with a total value of C$1,018,400.00. Company insiders own 0.85% of the company’s stock.

Gibson Energy Trading Up 0.3 %

TSE GEI opened at C$23.95 on Friday. The business’s 50-day moving average price is C$24.87 and its two-hundred day moving average price is C$23.41. Gibson Energy has a 12 month low of C$20.42 and a 12 month high of C$26.10. The firm has a market capitalization of C$3.91 billion, a PE ratio of 18.47, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. The company has a current ratio of 0.70, a quick ratio of 0.87 and a debt-to-equity ratio of 278.33.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.