Riley Hicks Acquires 8,900 Shares of Gibson Energy Inc. (TSE:GEI) Stock

Gibson Energy Inc. (TSE:GEI) Senior Officer Riley Hicks purchased 8,900 shares of the stock in a transaction on Friday, February 21st. The stock was acquired at an average cost of C$21.10 per share, for a total transaction of C$187,790.00.

Gibson Energy Stock Up 0.6 %

Shares of TSE:GEI opened at C$21.27 on Friday. Gibson Energy Inc. has a 52 week low of C$20.83 and a 52 week high of C$26.10. The company has a debt-to-equity ratio of 278.33, a quick ratio of 0.87 and a current ratio of 0.70. The company’s fifty day moving average is C$24.57 and its 200-day moving average is C$23.39. The company has a market capitalization of C$3.47 billion, a PE ratio of 16.40, a P/E/G ratio of 1.85 and a beta of 1.25.

Analyst Ratings Changes

GEI has been the topic of several analyst reports. Jefferies Financial Group lowered their price target on shares of Gibson Energy from C$26.00 to C$23.00 and set a “hold” rating on the stock in a report on Thursday. CIBC lowered their price target on shares of Gibson Energy from C$29.00 to C$27.00 and set an “outperform” rating on the stock in a report on Thursday. Royal Bank of Canada lowered their price target on shares of Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a report on Thursday. ATB Capital lowered their price target on shares of Gibson Energy from C$28.00 to C$26.00 and set an “outperform” rating on the stock in a report on Thursday. Finally, National Bank Financial lowered shares of Gibson Energy from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Five investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Gibson Energy has a consensus rating of “Moderate Buy” and an average price target of C$25.86.

About Gibson Energy

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.