Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Canaccord Genuity Stick to Their Buy Rating for Gibson Energy

Published 04/01/2021, 07:16 AM
Updated 04/01/2021, 07:16 AM


Canaccord Genuity analyst John Bereznicki maintained a Buy rating on Gibson Energy (TSX:GEI) on Wednesday, setting a price target of C$25, which is approximately 17.34% above the present share price of $16.95.

Bereznicki expects Gibson Energy to post earnings per share (EPS) of $0.09 for the second quarter of 2021.

The current consensus among 11 TipRanks analysts is for a Moderate Buy rating of shares in Gibson Energy, with an average price target of $19.02.
The analysts price targets range from a high of $21.48 to a low of $17.51.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.32 billion and a net profit of $25.19 million. The company's market cap is $2.47 billion.

According to TipRanks.com, Canaccord Genuity analyst John Bereznicki is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -3.9% and a 47.37% success rate.

Gibson Energy, Inc. engages in the movement, storage, blending, processing, marketing, and distribution of crude oil, condensate, natural gas liquids, water, oilfield waste, and refined products. It operates through the following segments: Infrastructure and Marketing. The Infrastructure segment includes midstream infrastructure assets comprising of oil terminals, rail loading and unloading facilities, injection stations, gathering pipelines, and processing. The Marketing segment involves in purchasing, selling, storing and optimizing of hydrocarbon products as part of supplying the Moose Jaw Facility and marketing its refined products, as well as part of supplying and driving volumes through the Company's key infrastructure assets. The company was founded in 1950 and is headquartered in Calgary, Canada.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.