Canadian Energy Company Revisited by CIBC Analyst

Wall Street analyst has provided a rating update for the Materials sector company yesterday, while remaining neutral on the stock. Analyst David Popowich from CIBC reiterated a Hold rating on Gran Tierra Energy (TSX: GTE)

According to TipRanks.com, Popowich is ranked #1538 out of 4801 analysts.

Gran Tierra Energy has an analyst consensus of Strong Buy, with a price target consensus of C$5.33.

The company has a one-year high of C$4.46 and a one-year low of C$2.41. Currently, Gran Tierra Energy has an average volume of 780.6K.

Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas. It operates through the following geographical segments: Colombia, Peru, Brazil, and All Other. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.

The company’s shares closed on Thursday at C$4.37, close to its 52-week high of C$4.46.