RBC Capital analyst Luke Davis maintained a Hold rating on Gran Tierra Energy (GTE – Research Report) on April 29 and set a price target of C$11.00. The company’s shares closed yesterday at $8.64.
According to TipRanks, Davis is a top 100 analyst with an average return of 27.8% and a 67.02% success rate. Davis covers the Energy sector, focusing on stocks such as Gran Tierra Energy, Athabasca Oil, and PrairieSky Royalty.
Gran Tierra Energy has an analyst consensus of Moderate Buy, with a price target consensus of $11.31.
The company has a one-year high of $8.46 and a one-year low of $4.62. Currently, Gran Tierra Energy has an average volume of 406.6K.
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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 Energy Announces Q1 Results and Virtual Meeting
- Gran Tierra Announces Q1 Results and Shareholder Meeting
- Gran Tierra Energy Inc. Provides Release Date for its 2024 First Quarter Results and Details of Annual Meeting of Stockholders
- Gran Tierra Executes Share Buyback Strategy
- Gran Tierra Executives Buy Shares Under Savings Plan
