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

Gibson Energy (TSE:GEI) received a C$25.00 target price from stock analysts at TD Securities in a research note issued to investors on Wednesday, MarketBeat.com reports. The firm presently has a “hold” rating on the stock. TD Securities’ price target would suggest a potential downside of 1.77% from the stock’s previous close.

GEI has been the topic of several other reports. Scotiabank increased their price objective on shares of Gibson Energy from C$25.00 to C$26.00 in a research report on Thursday, December 5th. Raymond James boosted their price target on Gibson Energy from C$28.50 to C$30.00 in a research note on Thursday, December 5th. Royal Bank of Canada boosted their price target on Gibson Energy from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. Wells Fargo & Company cut shares of Gibson Energy from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, December 18th. Finally, Jefferies Financial Group raised their price objective on shares of Gibson Energy from C$25.00 to C$26.00 in a report on Thursday, December 5th. Two investment analysts have rated the stock with a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$26.90.

Gibson Energy Stock Performance

TSE GEI opened at C$25.45 on Wednesday. The company has a current ratio of 1.18, a quick ratio of 0.87 and a debt-to-equity ratio of 292.01. The firm’s fifty day moving average price is C$24.19 and its two-hundred day moving average price is C$23.12. The firm has a market capitalization of C$4.14 billion, a P/E ratio of 24.01, a price-to-earnings-growth ratio of 1.85 and a beta of 1.25. Gibson Energy has a 1 year low of C$20.33 and a 1 year high of C$26.10.

Insider Buying and Selling at Gibson Energy

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