RBC Capital analyst Luke Davis maintained a Hold rating on Gran Tierra Energy (GTE – Research Report) yesterday and set a price target of C$10.00. The company’s shares closed yesterday at $8.43.
According to TipRanks, Davis is a top 100 analyst with an average return of 28.2% and a 66.67% success rate. Davis covers the Energy sector, focusing on stocks such as Gran Tierra Energy, Athabasca Oil, and Obsidian Energy.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gran Tierra Energy with a $10.48 average price target.
The company has a one-year high of $9.50 and a one-year low of $4.62. Currently, Gran Tierra Energy has an average volume of 428.1K.
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Gran Tierra Energy (GTE) Company Description:
Gran Tierra Energy, Inc. engages in the exploration and production of oil and natural gas in Colombia and Ecuador. It holds interests in the assets located in the Middle Magdalena Valley and Putumayo Basins. The company was founded on June 6, 2003 and is headquartered in Calgary, Canada.
Read More on GTE:
- Gran Tierra price target raised to C$10 from C$9 at RBC Capital
- Gran Tierra Reports Strong Production Growth in 2024
- Gran Tierra Energy Inc. Provides Operations Update
- Gran Tierra price target lowered to C$9 from C$10 at RBC Capital
- Gran Tierra Energy Inc. Announces Granting of Exemptive Relief Regarding its Normal Course Issuer Bid
