JPMorgan Chase & Co. Issues Positive Forecast for Gibson Energy (TSE:GEI) Stock Price

Gibson Energy (TSE:GEI) had its price objective lifted by research analysts at JPMorgan Chase & Co. from C$29.00 to C$30.00 in a report issued on Thursday,BayStreet.CA reports. JPMorgan Chase & Co.‘s price target would suggest a potential downside of 6.51% from the stock’s previous close.

Other equities analysts have also recently issued research reports about the stock. Canadian Imperial Bank of Commerce raised their price target on shares of Gibson Energy from C$33.00 to C$34.00 in a research report on Wednesday. Scotiabank boosted their price objective on Gibson Energy from C$29.00 to C$31.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. TD Securities raised Gibson Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 26th. National Bank Financial raised their target price on Gibson Energy from C$33.00 to C$34.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, ATB Cormark Capital Markets upped their target price on shares of Gibson Energy from C$32.00 to C$34.00 and gave the stock an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Gibson Energy has an average rating of “Moderate Buy” and an average target price of C$32.50.

Gibson Energy Stock Down 1.2%

GEI traded down C$0.39 during trading on Thursday, hitting C$32.09. 169,445 shares of the company’s stock were exchanged, compared to its average volume of 808,774. The company has a quick ratio of 0.87, a current ratio of 1.07 and a debt-to-equity ratio of 294.95. The business’s 50 day moving average is C$29.74 and its two-hundred day moving average is C$28.80. Gibson Energy has a fifty-two week low of C$22.09 and a fifty-two week high of C$32.99. The stock has a market cap of C$5.53 billion, a P/E ratio of 36.06, a PEG ratio of 1.85 and a beta of 0.11.

Gibson Energy (TSE:GEI) last released its quarterly earnings data on Monday, July 27th. The company reported C$0.48 earnings per share for the quarter. The firm had revenue of C$4.83 billion for the quarter. Gibson Energy had a net margin of 1.32% and a return on equity of 18.23%.

Key Headlines Impacting Gibson Energy

Here are the key news stories impacting Gibson Energy this week:

• Positive Sentiment: ATB Cormark raised its price target to C$34 from C$32 and upgraded Gibson Energy to “outperform,” implying additional upside. BayStreet analyst ratings
• Positive Sentiment: Raymond James increased its target to C$36 from C$35 and maintained an “outperform” rating, providing the most bullish valuation among the cited firms. BayStreet analyst ratings
• Positive Sentiment: CIBC, National Bank Financial and RBC also raised their price targets, with RBC upgrading the stock to “outperform.” These revisions helped support a reported 4% advance and a new 12-month high. Gibson Energy trading up after analyst upgrade Gibson Energy reaches new 12-month high
• Positive Sentiment: BMO Capital Markets raised its price target to C$32 from C$29, signaling improved expectations, although the new target is close to the recent trading level. BMO raises Gibson Energy price target
• Neutral Sentiment: The broad analyst-target revisions indicate improving sentiment, but targets range from C$31 to C$36, suggesting limited consensus on near-term upside after the stock’s recent rally.
• Negative Sentiment: Scotiabank cut its FY2027 earnings-per-share estimate to C$1.58 from C$1.61 and retained a “Sector Perform” rating with a C$31 price target. The lower forecast could temper enthusiasm and leaves its valuation below recent levels.

About Gibson Energy

Gibson is a leading liquids Infrastructure company with its principal businesses consisting of the storage, optimization, processing, and gathering of liquids and refined products, as well as waterborne vessel loading. Headquartered in Calgary, Alberta, the Company’s operations are located across North America, with core terminal assets in Hardisty and Edmonton, Alberta, Ingleside and Wink, Texas, and a facility in Moose Jaw, Saskatchewan. Gibson shares trade under the symbol GEI and are listed on the Toronto Stock Exchange.