Gibson Energy Inc. (OTCMKTS:GBNXF – Get Rating) earned an average recommendation of “Hold” from the twelve brokerages that currently cover the business, Marketbeat reports. One equity research analyst gave the stock a sell rating, five gave the company a hold rating and one gave the company a buy rating. The 12-month average price target among brokerages that have reported on the stock over the past year is $24.91.
Several research companies have weighed in on GBNXF. Scotiabank raised its target price on Gibson Energy from C$25.00 to C$26.00 in a report released on Monday, February 14. Royal Bank of Canada raised its price target on Gibson Energy from C$27.00 to C$28.00 in a Wednesday, May 4 research note. TD Securities raised its price target on Gibson Energy from CA$25.00 to CA$26.00 in a Wednesday, May 4 research note. Zacks Investment Research upgraded Gibson Energy from a “hold” rating to a “buy” rating and set a price target of $23.00 on the stock in a Tuesday, May 31 research note. Finally, Raymond James raised his price target on Gibson Energy from CA$26.50 to CA$27.00 in a Tuesday, May 3 research note.
OTCMKTS GBNXF opened at $21.60 on Wednesday. Gibson Energy has a fifty-two week low of $16.67 and a fifty-two week high of $21.96. The stock’s 50-day moving average is $19.96 and its two-hundred-day moving average is $19.08. The company has a debt ratio of 2.31, a current ratio of 1.03 and a quick ratio of 0.77. The company has a market capitalization of $3.17 billion, a P/E ratio of 24.55 and a beta of 0.93.
Gibson Energy Company Profile (Get an assessment)
Gibson Energy Inc, a liquids infrastructure company, is engaged in the gathering, storage, optimization, processing and marketing of liquids and refined products in North America. It operates through two segments, Infrastructure and Marketing. The Infrastructure segment operates a network of infrastructure assets that includes oil terminals, rail loading and unloading facilities, gathering pipelines and crude oil processing facility.
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