1 week Ago By ABMN Staff
Gibson Energy Inc. ( TSE:GEI – Get Free Report ) has been given an average rating of “Buy” by the ten ratings firms that are currently covering the company, Marketbeat.com reports.
One equities research analyst has rated the stock with a hold recommendation, eight have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is C$27.11.
A number of research analysts have commented on GEI shares. 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. Jefferies Financial Group boosted their price target on Gibson Energy from C$25.
00 to C$26.00 in a research note on Thursday, December 5th. Raymond James increased their price objective on Gibson Energy from C$28.
50 to C$30.00 in a research note on Thursday, December 5th. Scotiabank lifted their price objective on Gibson Energy from C$25.
00 to C$26.00 in a report on Thursday, December 5th. Finally, Royal Bank of Canada upped their target price on shares of Gibson Energy from C$27.
00 to C$28.00 and gave the stock an “outperform” rating in a report on Thursday, October 3rd. Get Our Latest Report on Gibson Energy Gibson Energy Trading Up 0.
9 % Gibson Energy Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.41 per share.
This represents a $1.64 annualized dividend and a yield of 6.67%.
The ex-dividend date is Tuesday, December 31st. Gibson Energy’s dividend payout ratio is 154.72%.
Insider Activity In other Gibson Energy news, Director Curtis Philippon purchased 40,000 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average cost of C$25.46 per share, with a total value of C$1,018,400.
00. Insiders own 0.85% of the company’s stock.
About Gibson Energy ( 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.
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