Recent Investment Analysts’ Ratings Updates for Gran Tierra Energy (GTE)

Gran Tierra Energy (NYSE: GTE) received a number of price target changes and ratings updates during the last week:

  • Gran Tierra Energy had its price target raised by analysts at Jennings Capital from $8.50 to $9.00. They now have a “buy” rating on the stock.
  • Gran Tierra Energy had its price target raised by analysts at Dundee Securities from $9.25 to $9.50. They now have a “buy” rating on the stock.
  • Gran Tierra Energy had its price target raised by analysts at TD Securities from $8.50 to $9.00. They now have a “buy” rating on the stock.
  • Gran Tierra Energy was upgraded by analysts at FirstEnergy Capital from a “market perform” rating to an “outperform” rating.
  • Gran Tierra Energy had its price target raised by analysts at Haywood Securities from $7.00 to $8.00. They now have an “outperform” rating on the stock.
  • Gran Tierra Energy had its price target raised by analysts at Fraser Mackenzie from $7.50 to $9.00. They now have a “top pick” rating on the stock.
  • Gran Tierra Energy had its price target lowered by analysts at TD Securities from $9.00 to $8.50.
  • Gran Tierra Energy was upgraded by analysts at JPMorgan Chase from a “neutral” rating to an “overweight” rating. They now have a $9.00 price target on the stock, up previously from $7.00.

Shares of Gran Tierra Energy opened at 6.01 on Monday. Gran Tierra Energy has a one year low of $4.00 and a one year high of $6.65. The stock’s 50-day moving average is currently $5.56. The company has a market cap of $1.614 billion and a P/E ratio of 17.14.

Gran Tierra Energy Inc. (Gran Tierra) is an independent international energy company engaged in oil and gas acquisition, exploration, development and production.

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