Gibson Energy (OTCMKTS:GBNXF) Rating Increased to Outperform at Royal Bank of Canada

Gibson Energy (OTCMKTS:GBNXF) was upgraded by equities research analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a report issued on Wednesday, The Fly reports.

Separately, Raymond James reissued a “buy” rating on shares of Gibson Energy in a research note on Tuesday, November 5th.

GBNXF opened at $19.58 on Wednesday. The company has a fifty day moving average price of $18.26 and a two-hundred day moving average price of $17.65. Gibson Energy has a 52 week low of $13.10 and a 52 week high of $19.58.

Gibson Energy Company Profile

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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