Shares of Gran Tierra Energy Inc. (LON:GTE – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 848 and last traded at GBX 705, with a volume of 24191 shares trading hands. The stock had previously closed at GBX 515.
Wall Street Analyst Weigh In
Separately, Peel Hunt restated a “buy” rating and issued a GBX 1,119 price target on shares of Gran Tierra Energy in a research report on Wednesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,119.
Gran Tierra Energy Price Performance
Gran Tierra Energy Company Profile
Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.
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