Raymond James Raises Gibson Energy (TSE:GEI) Price Target to C$30.00

Gibson Energy (TSE:GEI) had its price target increased by investment analysts at Raymond James from C$28.50 to C$30.00 in a research report issued on Thursday,BayStreet.CA reports. Raymond James’ price objective indicates a potential upside of 17.23% from the stock’s previous close. Raymond James also issued estimates for Gibson Energy’s FY2026 earnings at $1.83 EPS.

Several other equities analysts also recently weighed in on GEI. JPMorgan Chase & Co. cut their target price on Gibson Energy from C$27.00 to C$26.00 in a research report on Wednesday, October 2nd. BMO Capital Markets upped their price objective on Gibson Energy from C$25.00 to C$25.50 in a research report on Thursday, September 5th. Scotiabank upped their price objective on Gibson Energy from C$25.00 to C$26.00 in a research report on Thursday. National Bankshares upped their price objective on Gibson Energy from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research report on Friday, August 23rd. Finally, Royal Bank of Canada upped their price objective on Gibson Energy from C$27.00 to C$28.00 and gave the company an “outperform” rating in a research report on Thursday, October 3rd. Nine investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$26.70.

Gibson Energy Stock Performance

TSE GEI opened at C$25.59 on Thursday. The company has a market cap of C$4.17 billion, a P/E ratio of 24.14, a P/E/G ratio of 1.85 and a beta of 1.25. 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 business’s 50 day moving average price is C$23.27 and its 200-day moving average price is C$22.73. Gibson Energy has a fifty-two week low of C$19.42 and a fifty-two week high of C$26.10.

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.