The Materials sector company, Gibson Energy (TSX: GEI), has received a rating update from a Wall Street analyst on October 29. Desjardins’ analyst Bill Cabel reiterates their Buy rating on the shares, with a C$25 price target.
According to TipRanks.com, Cabel is ranked #912 out of 4887 analysts.
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Gibson Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$22.64, which is a 10.9% upside from current levels. In a report issued on October 16, BMO Capital also upgraded the stock to Buy with a C$25 price target.
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The company has a one-year high of C$23.04 and a one-year low of C$15.68. Currently, Gibson Energy has an average volume of 288.8K.
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 Tuesday at C$20.41.
