Gibson Energy (TSX: GEI), the Materials sector company was revisited today, yet the Wall Street analyst remains currently on the sidelines. Scotiabank’s analyst Robert Hope reiterates their Hold rating on the shares, with a C$20 price target.
According to TipRanks.com, Hope is ranked #1304 out of 4850 analysts.
Read also: Crude Oil: Sell Now, Buy Later
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gibson Energy with a C$19.38 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 3.27.
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 Thursday at C$19.60, close to its 52-week high of C$19.66.
