Gibson Energy Inc. (TSE:GEI) had its price target lowered by TD Securities from C$19.50 to C$18.50 in a report issued on Thursday morning. The firm currently has a hold rating on the stock.

Other research analysts have also issued reports about the company. CIBC lowered their price objective on Gibson Energy from C$20.00 to C$19.00 in a research report on Wednesday, May 10th. BMO Capital Markets lowered their price objective on Gibson Energy from C$20.00 to C$18.00 in a research report on Wednesday, July 19th. AltaCorp Capital lowered Gibson Energy from an outperform rating to a sector perform rating in a research report on Monday, June 26th. Finally, Royal Bank Of Canada reissued a sector perform rating on shares of Gibson Energy in a research report on Tuesday, May 9th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Gibson Energy presently has a consensus rating of Hold and an average price target of C$19.70.

Shares of Gibson Energy (GEI) opened at 16.62 on Thursday. The firm has a 50 day moving average price of $16.83 and a 200 day moving average price of $18.38. Gibson Energy has a one year low of $13.95 and a one year high of $20.31. The company has a market capitalization of $2.29 billion and a P/E ratio of 33.17.

COPYRIGHT VIOLATION NOTICE: This news story was first posted by Daily Political and is owned by of Daily Political. If you are reading this news story on another site, it was illegally stolen and reposted in violation of United States and international copyright laws. The legal version of this news story can be read at

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 17th. Investors of record on Friday, September 29th will be given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 7.94%. The ex-dividend date of this dividend is Thursday, September 28th.

Gibson Energy Company Profile

Gibson Energy Inc provides movement, storage, blending, processing, marketing, and distribution of crude oil, condensate, natural gas liquids (NGLs), water, oilfield waste, and refined products in Canada and the United States. It operates through four segments: Infrastructure, Logistics, Wholesale, and Other.

Analyst Recommendations for Gibson Energy (TSE:GEI)

Receive News & Ratings for Gibson Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gibson Energy Inc. and related companies with's FREE daily email newsletter.