Gibson Energy (TSE:GEI) Given a C$25.00 Price Target by TD Securities Analysts

Gibson Energy (TSE:GEI - Get Free Report) has been assigned a C$25.00 target price by equities researchers at TD Securities in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm presently has a "hold" rating on the stock. TD Securities' price target would suggest a potential downside of 0.79% from the stock's current price.

Several other analysts have also recently commented on GEI. Jefferies Financial Group raised their target price on Gibson Energy from C$25.00 to C$26.00 in a research report on Thursday, December 5th. Royal Bank of Canada raised their price objective on shares of Gibson Energy from C$27.00 to C$28.00 and gave the stock an "outperform" rating in a research note on Thursday, October 3rd. BMO Capital Markets upgraded Gibson Energy from a "market perform" rating to an "outperform" rating and lifted their price target for the company from C$25.50 to C$28.00 in a report on Thursday, December 5th. Scotiabank increased their price target on Gibson Energy from C$25.00 to C$26.00 in a report on Thursday, December 5th. Finally, Raymond James raised their target price on Gibson Energy from C$28.50 to C$30.00 in a report on Thursday, December 5th. Two analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Gibson Energy currently has a consensus rating of "Moderate Buy" and a consensus price target of C$26.90.

Gibson Energy Stock Down 1.4 %

TSE GEI traded down C$0.35 during trading hours on Wednesday, reaching C$25.20. 244,315 shares of the company traded hands, compared to its average volume of 602,206. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 292.01. Gibson Energy has a 12 month low of C$20.33 and a 12 month high of C$26.10. The company has a 50 day moving average of C$24.14 and a two-hundred day moving average of C$23.11. The stock has a market capitalization of C$4.10 billion, a PE ratio of 23.77, a PEG ratio of 1.85 and a beta of 1.25.

Insider Transactions at Gibson Energy

In related news, Senior Officer Kelly Holtby purchased 2,010 shares of the stock in a transaction on Monday, December 30th. The shares were purchased at an average price 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 dated Monday, December 9th. The stock was purchased at an average cost of C$25.46 per share, for a total transaction of C$1,018,400.00. 0.85% of the stock is owned by insiders.

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.

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