Raymond James Reaffirms Their Hold Rating on Gibson Energy (GEI)


Shares of Gibson Energy (GEI) were revisited by a Wall Street analyst today. Analyst Chris Cox from Raymond James rated Gibson Energy (GEI) a Hold, setting a C$23 price target.

According to TipRanks.com, Cox is a 2-star analyst with an average return of 0.4% and a 53.8% success rate. Cox covers the Basic Materials sector, focusing on stocks such as Athabasca Oil Corporation, Pengrowth Energy Corp, and Crescent Point Energy.

Gibson Energy has an analyst consensus of Moderate Buy, with a price target consensus of C$23.

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 397.7K.

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$21.83.

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