Gibson Energy Inc. (TSE:GEI) Given Consensus Rating of “Moderate Buy” by Brokerages

Gibson Energy Inc. (TSE:GEI) has received a consensus recommendation of “Moderate Buy” from the twelve research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is C$27.23.

A number of analysts have recently issued reports on GEI shares. Royal Bank Of Canada lifted their price objective on shares of Gibson Energy from C$26.00 to C$28.00 in a report on Wednesday, December 3rd. TD Securities increased their target price on shares of Gibson Energy from C$23.00 to C$26.00 and gave the stock a “hold” rating in a report on Monday, January 12th. CIBC lifted their price target on shares of Gibson Energy from C$26.00 to C$30.00 in a research note on Wednesday, December 3rd. BMO Capital Markets boosted their price target on shares of Gibson Energy from C$25.00 to C$27.00 in a research report on Wednesday, December 3rd. Finally, National Bankshares set a C$29.00 price objective on shares of Gibson Energy and gave the stock an “outperform” rating in a research note on Wednesday, December 17th.

Gibson Energy Stock Performance

Shares of Gibson Energy stock opened at C$26.20 on Friday. The company has a debt-to-equity ratio of 278.33, a current ratio of 0.70 and a quick ratio of 0.87. The firm has a market cap of C$4.29 billion, a price-to-earnings ratio of 28.48, a price-to-earnings-growth ratio of 1.85 and a beta of 0.22. The stock’s 50-day moving average is C$25.41 and its 200-day moving average is C$25.18. Gibson Energy has a one year low of C$19.63 and a one year high of C$27.37.

Gibson Energy (TSE:GEI) last announced its earnings results on Monday, November 3rd. The company reported C$0.28 earnings per share (EPS) for the quarter. The business had revenue of C$2.88 billion for the quarter. Gibson Energy had a return on equity of 22.60% and a net margin of 1.73%.

Insider Transactions at Gibson Energy

In related news, Director Craig Richardson purchased 1,000 shares of Gibson Energy stock in a transaction that occurred on Monday, December 15th. The stock was purchased at an average cost of C$26.07 per share, with a total value of C$26,070.00. Following the completion of the transaction, the director owned 2,000 shares of the company’s stock, valued at approximately C$52,140. This trade represents a 100.00% increase in their position. Insiders own 0.85% of the company’s stock.

Gibson Energy Company Profile

Gibson Energy Inc is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc services Canada and the United States, and the majority of revenue comes from the marketing segment.