In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Gibson Energy (TSX: GEI). Analyst John Bereznicki from Canaccord Genuity rated Gibson Energy (TSX: GEI) a Buy today, setting a C$20 price target.
Bereznicki has an average return of 12.0% when recommending Gibson Energy.
According to TipRanks.com, Bereznicki is ranked #1019 out of 4850 analysts.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gibson Energy with a C$19.17 average price target.
Gibson Energy’s market cap is currently C$2.68B and has a P/E ratio of 0. The company has a Price to Book ratio of 3.11.
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 Wednesday at C$18.63.
