Gibson Energy Inc. (TSE:GEI) Receives Average Recommendation of "Moderate Buy" from Analysts

Gibson Energy Inc. (TSE:GEI - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the ten analysts that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is C$26.90.

A number of equities research analysts recently commented on the company. Jefferies Financial Group downgraded Gibson Energy from a "buy" rating to a "hold" rating in a report on Thursday, January 30th. Raymond James upped their price target on Gibson Energy from C$28.50 to C$30.00 in a research note on Thursday, December 5th. Scotiabank lifted their price objective on shares of Gibson Energy from C$25.00 to C$26.00 in a research note on Thursday, December 5th. Wells Fargo & Company downgraded shares of Gibson Energy from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, December 18th. Finally, TD Securities set a C$25.00 price target on shares of Gibson Energy and gave the stock a "hold" rating in a research report on Wednesday, January 15th.

Gibson Energy Trading Down 1.8 %

Shares of Gibson Energy stock traded down C$0.43 on Friday, hitting C$23.87. 510,949 shares of the company's stock traded hands, compared to its average volume of 651,815. The firm's 50-day moving average price is C$24.87 and its two-hundred day moving average price is C$23.40. The company has a debt-to-equity ratio of 292.01, a current ratio of 1.18 and a quick ratio of 0.87. The stock has a market capitalization of C$3.89 billion, a PE ratio of 22.52, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. Gibson Energy has a one year low of C$20.42 and a one year high of C$26.10.

Insider Buying and Selling

In other Gibson Energy news, Director Curtis Philippon bought 40,000 shares of the firm's stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average price of C$25.46 per share, with a total value of C$1,018,400.00. Also, Senior Officer Kelly Holtby purchased 2,010 shares of the stock in a transaction on Monday, December 30th. The stock was acquired at an average price of C$24.85 per share, for a total transaction of C$49,948.50. Company 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.