Gibson Energy (TSE:GEI) had its price objective hoisted by TD Securities from C$24.00 to C$25.00 in a research note released on Wednesday morning, BayStreet.CA reports. TD Securities currently has a hold rating on the stock.
A number of other equities research analysts have also weighed in on GEI. Canaccord Genuity raised their price target on shares of Gibson Energy from C$26.00 to C$28.00 in a report on Wednesday. BMO Capital Markets raised their price objective on shares of Gibson Energy from C$26.00 to C$28.00 in a report on Monday, September 9th. Royal Bank of Canada raised their price objective on shares of Gibson Energy from C$25.00 to C$27.00 and gave the stock a sector perform rating in a report on Wednesday. CSFB reissued a neutral rating on shares of Gibson Energy in a report on Tuesday, November 5th. Finally, Raymond James reissued an outperform rating and set a C$25.00 price objective on shares of Gibson Energy in a report on Tuesday, November 5th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of C$26.23.
GEI opened at C$24.74 on Wednesday. The company has a fifty day simple moving average of C$22.92 and a 200 day simple moving average of C$23.00. The firm has a market cap of $3.56 billion and a price-to-earnings ratio of 30.66. Gibson Energy has a twelve month low of C$16.90 and a twelve month high of C$24.86. The company has a current ratio of 1.30, a quick ratio of 0.89 and a debt-to-equity ratio of 183.15.
Gibson Energy Company Profile
Gibson Energy Inc engages in the gathering, storage, optimization, processing, and marketing of crude oil and refined products in North America. It operates through Infrastructure and Wholesale segments. The Infrastructure segment operates a network of infrastructure assets that include oil terminals, rail loading and unloading facilities, injection stations, gathering pipelines, and a crude oil processing facility, as well as procession, recovery, and disposal terminals.
Recommended Story: Understanding the Price to Earnings Ratio (PE)
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.