Gibson Energy Inc. (OTCMKTS:GBNXF) Stock Rated “Moderate Buy” by Wall Street Brokerages

Shares of Gibson Energy Inc. (OTCMKTS:GBNXF) have earned a consensus recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company.

GBNXF has been the topic of several research analyst reports. Jefferies Financial Group lowered shares of Gibson Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. Royal Bank Of Canada restated an “outperform” rating on shares of Gibson Energy in a research report on Wednesday, July 29th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Gibson Energy in a research note on Tuesday, July 28th. Zacks Research upgraded Gibson Energy from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Gibson Energy in a research note on Wednesday, July 29th.

Gibson Energy Price Performance

Gibson Energy stock opened at $21.90 on Tuesday. The company’s fifty day moving average price is $22.48 and its 200 day moving average price is $21.55. Gibson Energy has a 1 year low of $15.91 and a 1 year high of $23.29. The stock has a market capitalization of $3.78 billion, a P/E ratio of 30.85 and a beta of 0.65. The company has a debt-to-equity ratio of 2.86, a quick ratio of 0.89 and a current ratio of 1.07.

Gibson Energy (OTCMKTS:GBNXF) last posted its quarterly earnings data on Monday, July 27th. The company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.13. The company had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.35 billion. Gibson Energy had a net margin of 1.32% and a return on equity of 18.20%. As a group, equities research analysts anticipate that Gibson Energy will post 0.84 earnings per share for the current fiscal year.

Gibson Energy Company Profile

Gibson Energy Inc is a Canadian energy infrastructure company that owns, operates and develops assets used to transport, store and handle crude oil and other liquid hydrocarbons. Its operations support the movement of energy products from producing regions to refineries, export facilities and other markets.

The company’s activities include crude oil storage terminals, pipelines, gathering systems and related infrastructure, as well as marketing and logistics services. Gibson’s Canadian assets are concentrated in Western Canada, including major storage and transportation hubs such as Hardisty, Alberta.