Gibson Energy (TSE:GEI) has been assigned a C$24.00 price objective by analysts at CSFB in a report issued on Tuesday, BayStreet.CA reports. The firm presently has a “neutral” rating on the stock. CSFB’s target price would suggest a potential upside of 13.58% from the company’s current price.
Several other analysts have also recently weighed in on GEI. Scotiabank lifted their price objective on Gibson Energy from C$24.00 to C$25.00 in a research report on Tuesday, February 9th. Tudor Pickering & Holt set a C$22.00 price objective on Gibson Energy and gave the company a “hold” rating in a research report on Tuesday. Wells Fargo & Company lifted their price objective on Gibson Energy from C$22.00 to C$24.00 and gave the company a “na” rating in a research report on Monday, November 30th. CIBC dropped their price target on Gibson Energy from C$24.00 to C$23.00 in a research report on Thursday, January 28th. Finally, National Bank Financial decreased their price objective on shares of Gibson Energy from C$23.00 to C$22.00 in a report on Tuesday. Eight investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of C$23.81.
TSE:GEI traded up C$0.14 during mid-day trading on Tuesday, reaching C$21.13. 1,242,165 shares of the company’s stock traded hands, compared to its average volume of 575,716. Gibson Energy has a 12-month low of C$10.96 and a 12-month high of C$27.65. The firm has a market capitalization of C$3.09 billion and a price-to-earnings ratio of 21.85. The company has a debt-to-equity ratio of 195.92, a current ratio of 0.87 and a quick ratio of 0.67. The company has a 50 day moving average price of C$20.80 and a 200-day moving average price of C$21.72.
About Gibson Energy
Gibson Energy Inc, a crude oil infrastructure company, engages in the gathering, storage, optimization, processing, and marketing of crude oil and refined products in North America. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, and a crude oil processing facility, as well as procession, recovery, and disposal terminals.
Recommended Story: Total Return
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.