The Materials sector company, Gibson Energy (TSX: GEI), has received a rating update from a Wall Street analyst today. The company received a Buy rating from National Bank’s analyst Patrick Kenny, with a C$23 price target.
Gibson Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$20.97.
Gibson Energy’s market cap is currently C$2.85B and has a P/E ratio of 85.8. The company has a Price to Book ratio of 3.47.
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$20.49.
