Gibson Energy (TSE:GEI) PT Set at C$25.00 by TD Securities

Gibson Energy (TSE:GEI) has been given a C$25.00 price objective by TD Securities in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price points to a potential downside of 1.77% from the stock’s previous close.

GEI has been the topic of several other reports. Jefferies Financial Group upped their price target on Gibson Energy from C$25.00 to C$26.00 in a research note on Thursday, December 5th. Raymond James boosted their target price on shares of Gibson Energy from C$28.50 to C$30.00 in a research note on Thursday, December 5th. BMO Capital Markets upgraded shares of Gibson Energy from a “market perform” rating to an “outperform” rating and increased their price objective for the stock from C$25.50 to C$28.00 in a research note on Thursday, December 5th. Scotiabank upped their price target on Gibson Energy from C$25.00 to C$26.00 in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Gibson Energy from C$27.00 to C$26.00 in a research note on Wednesday, October 2nd. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of C$26.90.

Gibson Energy Stock Performance

Shares of GEI stock opened at C$25.45 on Wednesday. Gibson Energy has a fifty-two week low of C$20.33 and a fifty-two week high of C$26.10. The company has a debt-to-equity ratio of 292.01, a quick ratio of 0.87 and a current ratio of 1.18. The stock has a 50 day moving average price of C$24.19 and a two-hundred day moving average price of C$23.12. The company has a market capitalization of C$4.14 billion, a P/E ratio of 24.01, a PEG ratio of 1.85 and a beta of 1.25.

Insider Activity

In other news, Senior Officer Kelly Holtby acquired 2,010 shares of Gibson Energy stock in a transaction that occurred on Monday, December 30th. The shares were bought at an average cost of C$24.85 per share, with a total value of C$49,948.50. Also, Director Curtis Philippon bought 40,000 shares of the company’s stock in a transaction on Monday, December 9th. The shares were acquired at an average price of C$25.46 per share, with a total value of C$1,018,400.00. Corporate insiders own 0.85% of the company’s stock.

About Gibson Energy

Gibson Energy Inc, together with its subsidiaries, engages in the gathering, storage, optimization, processing, and marketing of liquids and refined products in Canada and the United States. It operates through Infrastructure and Marketing segments. The Infrastructure segment operates a network of liquid infrastructure assets that include oil terminals, rail loading and unloading facilities, gathering pipelines, a crude oil processing facility, and other terminals.