Gibson Energy (TSE:GEI – Get Free Report) had its price objective boosted by BMO Capital Markets from C$31.00 to C$33.00 in a research report issued to clients and investors on Tuesday, BayStreet reports. The brokerage presently has a “market perform” rating on the stock. BMO Capital Markets‘s price target indicates a potential downside of 3.06% from the company’s previous close.
A number of other equities analysts also recently commented on the stock. TD raised their target price on shares of Gibson Energy from C$34.00 to C$35.00 and gave the company a “buy” rating in a research note on Tuesday, September 1st. Canadian Imperial Bank of Commerce cut shares of Gibson Energy from an “outperformer” rating to a “hold” rating and set a C$34.00 price target for the company. in a research report on Thursday, October 22nd. National Bank Financial upped their price target on shares of Gibson Energy from C$33.00 to C$34.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 29th. Jefferies Financial Group downgraded Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Finally, Royal Bank Of Canada boosted their price objective on Gibson Energy from C$30.00 to C$33.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Gibson Energy currently has an average rating of “Moderate Buy” and an average price target of C$33.20.
Gibson Energy Trading Up 1.9%
GEI traded up C$0.65 on Tuesday, reaching C$34.04. 318,164 shares of the company’s stock were exchanged, compared to its average volume of 741,501. Gibson Energy has a twelve month low of C$22.09 and a twelve month high of C$34.66. The company’s 50 day moving average is C$31.94 and its 200-day moving average is C$29.88. The company has a debt-to-equity ratio of 294.95, a quick ratio of 0.87 and a current ratio of 1.07. The company has a market cap of C$5.88 billion, a price-to-earnings ratio of 34.04, a PEG ratio of 1.85 and a beta of -0.03.
Gibson Energy (TSE:GEI – Get Free Report) last announced its quarterly earnings results on Monday, November 2nd. The company reported C$0.45 earnings per share for the quarter. Gibson Energy had a net margin of 1.32% and a return on equity of 18.23%. The firm had revenue of C$3.69 billion for the quarter.
About Gibson Energy
Gibson is a leading liquids Infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. Headquartered in Calgary, Alberta, the Company’s operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan. Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange.
Featured Articles
- Five stocks we like better than Gibson Energy
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Gibson Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibson Energy and related companies with MarketBeat.com's FREE daily email newsletter.
