Gibson Energy Inc. (OTCMKTS:GBNXF) Given Average Rating of “Buy” by Analysts

Shares of Gibson Energy Inc. (OTCMKTS:GBNXF) have received a consensus recommendation of “Buy” from the ten research firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company.

A number of analysts have recently weighed in on the stock. Credit Suisse Group restated a “hold” rating and issued a $32.00 price objective on shares of CRH in a research note on Thursday, April 25th. Raymond James set a $31.00 price objective on shares of Mylan and gave the stock a “buy” rating in a research note on Wednesday, May 8th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of from GBX 97 ($1.27) to GBX 89 ($1.16) and set a “neutral” rating for the company in a research note on Monday, June 17th.

Shares of Gibson Energy stock remained flat at $$18.13 on Tuesday. 33 shares of the stock were exchanged, compared to its average volume of 924. The firm has a fifty day simple moving average of $17.47. Gibson Energy has a twelve month low of $13.10 and a twelve month high of $18.21.

About Gibson Energy

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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Analyst Recommendations for Gibson Energy (OTCMKTS:GBNXF)

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