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Analyst Rating Update on This Canadian Energy Company


In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Gibson Energy (TSX: GEI). On September 28, analyst Benjamin Pham gave a Hold rating to GEI and set a C$22 price target.

According to TipRanks.com, Pham is ranked #793 out of 4885 analysts.

Currently, the analyst consensus on Gibson Energy is a Moderate Buy with an average price target of C$21.31.

The company has a one-year high of C$20.75 and a one-year low of C$15.68. Currently, Gibson Energy has an average volume of 263.1K.

Gibson Energy, Inc. engages in the movement, storage, blending, processing, marketing, and distribution of crude oil, condensate, natural gas liquids, water, oilfield waste, and refined products. It operates through the following segments: Infrastructure, Wholesale, Logistics and Other.

The company’s shares closed on Friday at C$20.42, close to its 52-week high of C$20.75.