Gibson Energy Inc. (OTCMKTS:GBNXF) Receives Consensus Recommendation of “Buy” from Analysts
Gibson Energy Inc. (OTCMKTS:GBNXF) has been given a consensus recommendation of “Buy” by the ten research firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company.
Several equities analysts recently issued reports on GBNXF shares. JPMorgan Chase & Co. raised shares of Gibson Energy from a “neutral” rating to an “overweight” rating in a report on Monday, June 17th. Credit Suisse Group lowered shares of Gibson Energy from an “outperform” rating to a “neutral” rating in a report on Thursday, April 25th. Finally, Raymond James raised shares of Gibson Energy from a “mkt perform” rating to an “outperform” rating in a report on Wednesday, May 8th.
GBNXF stock traded down $0.33 during trading on Friday, hitting $17.26. 400 shares of the company’s stock traded hands, compared to its average volume of 897. The stock’s fifty day moving average price is $17.87. Gibson Energy has a 1 year low of $13.10 and a 1 year high of $18.50.
Gibson Energy Inc engages in the gathering, storage, optimization, processing, and marketing of crude oil and refined products in North America. It operates through Infrastructure and Wholesale segments. The Infrastructure segment operates a network of infrastructure assets that include oil terminals, rail loading and unloading facilities, injection stations, gathering pipelines, and a crude oil processing facility, as well as procession, recovery, and disposal terminals.
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