Shares of Gibson Energy Inc. (TSE:GEI) have received a consensus rating of “Hold” from the twelve ratings firms that are currently covering the stock. Six equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is C$18.41.
GEI has been the subject of several research analyst reports. BMO Capital Markets boosted their target price on shares of Gibson Energy from C$24.00 to C$26.00 in a research report on Thursday, July 7th. National Bank Financial boosted their target price on shares of Gibson Energy from C$17.00 to C$17.50 in a research report on Monday, July 18th. Scotiabank reissued a “sector perform” rating and issued a C$17.00 target price on shares of Gibson Energy in a research report on Thursday, July 21st. TD Securities set a C$16.00 target price on shares of Gibson Energy and gave the stock a “hold” rating in a research report on Monday, September 12th. Finally, AltaCorp Capital downgraded shares of Gibson Energy from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, August 3rd.
Shares of Gibson Energy (TSE:GEI) traded up 0.06% during mid-day trading on Monday, reaching $17.65. The company’s stock had a trading volume of 563,808 shares. Gibson Energy has a 1-year low of $11.46 and a 1-year high of $20.51. The firm’s 50 day moving average price is $17.33 and its 200-day moving average price is $16.47. The company’s market capitalization is $2.50 billion.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 17th. Shareholders of record on Monday, October 17th will be paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 7.48%. The ex-dividend date of this dividend is Wednesday, September 28th.
Gibson Energy Company Profile
Gibson Energy Inc is a Canada-based integrated service provider to the oil and gas industry with operations across producing regions throughout North America. The Company is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, natural gas liquids (NGLs), water, oilfield waste and refined products.
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