Brokerages Set Gibson Energy Inc. (GEI) Target Price at $19.90

Gibson Energy Inc. (TSE:GEI) has earned a consensus recommendation of “Hold” from the eleven research firms that are covering the stock. Five analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is C$19.90.

A number of equities research analysts recently commented on GEI shares. TD Securities lifted their price objective on Gibson Energy from C$19.00 to C$20.00 and gave the stock a “hold” rating in a research note on Thursday, March 9th. Scotiabank reissued a “sector perform” rating and issued a C$18.50 target price on shares of Gibson Energy in a research note on Wednesday, March 8th. National Bank Financial boosted their target price on Gibson Energy from C$17.00 to C$18.00 in a research note on Wednesday, January 25th. CIBC boosted their target price on Gibson Energy from C$17.00 to C$19.00 in a research note on Thursday, February 9th. Finally, Royal Bank of Canada reissued a “sector perform” rating and issued a C$20.00 target price (up from C$18.00) on shares of Gibson Energy in a research note on Wednesday, March 8th.

WARNING: This report was originally posted by sleekmoney and is the sole property of of sleekmoney. If you are accessing this report on another site, it was illegally copied and reposted in violation of US and international trademark and copyright law. The correct version of this report can be viewed at https://sleekmoney.com/brokerages-set-gibson-energy-inc-gei-target-price-at-19-90/1739427.html.

Shares of Gibson Energy (TSE:GEI) traded down 0.26% on Monday, hitting $19.47. The company had a trading volume of 230,823 shares. The firm has a 50 day moving average of $19.26 and a 200-day moving average of $18.46. Gibson Energy has a 12-month low of $13.95 and a 12-month high of $20.31. The firm’s market capitalization is $2.76 billion.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 17th. Stockholders of record on Monday, April 17th will be given a dividend of $0.33 per share. The ex-dividend date is Wednesday, March 29th. This represents a $1.32 annualized dividend and a dividend yield of 6.76%.

About Gibson Energy

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.

This story was originally published by sleekmoney (https://sleekmoney.com) and is the sole property of sleekmoney. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://sleekmoney.com/brokerages-set-gibson-energy-inc-gei-target-price-at-19-90/1739427.html

Receive News & Ratings for Gibson Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibson Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

 

Leave a Reply

Your email address will not be published. Required fields are marked *