Gibson Energy Inc. (TSE:GEI - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$23.35 and traded as high as C$24.75. Gibson Energy shares last traded at C$24.15, with a volume of 576,618 shares trading hands.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on GEI shares. Raymond James upped their price target on Gibson Energy from C$28.50 to C$30.00 in a report on Thursday, December 5th. Jefferies Financial Group cut shares of Gibson Energy from a "buy" rating to a "hold" rating in a report on Thursday, January 30th. CIBC raised their target price on Gibson Energy from C$27.00 to C$29.00 in a research report on Thursday, December 5th. BMO Capital Markets raised shares of Gibson Energy from a "market perform" rating to an "outperform" rating and boosted their price target for the company from C$25.50 to C$28.00 in a research report on Thursday, December 5th. Finally, Wells Fargo & Company cut Gibson Energy from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, December 18th. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$26.90.
Get Our Latest Analysis on Gibson Energy
Gibson Energy Stock Up 0.5 %
The stock has a market capitalization of C$3.93 billion, a PE ratio of 22.80, a PEG ratio of 1.85 and a beta of 1.25. The firm's fifty day moving average is C$24.86 and its 200-day moving average is C$23.39. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 292.01.
Insider Buying and Selling
In other Gibson Energy news, Senior Officer Kelly Holtby purchased 2,010 shares of Gibson Energy stock in a transaction on Monday, December 30th. The shares were bought 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 Gibson Energy stock in a transaction that occurred on Monday, December 9th. The stock was bought 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 currently owned by corporate insiders.
Gibson Energy Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Gibson Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gibson Energy wasn't on the list.
While Gibson Energy currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
