Raymond James resumed coverage of Gibson Energy with a Strong Buy rating and C$28.50 price target Gibson Energy is trading at the highest distributable cash flow yield in its peer group, despite a strong balance sheet, highly contracted cash flows, and multiple avenues for future growth, and the firm sees significant option value for growth projects that aren’t yet sanctioned, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GBNXF: