Wall Street analyst has provided a review for the Materials company yesterday, but retained the same rating on the stock. Gran Tierra Energy (TSX: GTE) received a Buy rating from RBC Capital’s analyst Nathan Piper, with a C$6.40 price target.
According to TipRanks.com, Piper is ranked #1640 out of 4879 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Gran Tierra Energy with a C$6.53 average price target.
Gran Tierra Energy’s market cap is currently C$1.72B and has a P/E ratio of 254.8. The company has a Price to Book ratio of 1.34.
Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas. It operates through the following geographical segments: Colombia, Peru, Brazil, and All Other. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.
The company’s shares closed on Friday at C$4.46, close to its 52-week high of C$4.75.
