In a latest note to investors, a research analyst has provided a rating update for the Gibson Energy (GEI). The company received a Hold today from GMP FirstEnergy’s analyst Ian Gillies, with a C$23.50 price target.
According to TipRanks.com, Gillies is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -10.0% and a 30.4% success rate. Gillies covers the Basic Materials sector, focusing on stocks such as Trican Well Service Ltd, Precision Drilling, and Inter Pipeline Ltd.
Currently, the analyst consensus on Gibson Energy is a Moderate Buy with an average price target of C$23.85.
The company has a one-year high of C$23.32 and a one-year low of C$15.68. Currently, Gibson Energy has an average volume of 468.1K.
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 Monday at C$21.22.
