Gran Tierra Energy’s (GTE) “Buy” Rating Reiterated at Peel Hunt

Peel Hunt reissued their buy rating on shares of Gran Tierra Energy (LON:GTE) in a research note released on Wednesday,Digital Look reports. Peel Hunt currently has a GBX 1,119 price target on the stock.

Gran Tierra Energy Stock Performance

Shares of Gran Tierra Energy stock opened at GBX 730 on Wednesday. The company has a market cap of £258.13 million, a P/E ratio of -0.88, a price-to-earnings-growth ratio of 0.23 and a beta of 0.16. Gran Tierra Energy has a fifty-two week low of GBX 270 and a fifty-two week high of GBX 848. The firm has a 50-day simple moving average of GBX 515.89 and a two-hundred day simple moving average of GBX 522.53.

Gran Tierra Energy Company Profile

Gran Tierra Energy Inc, together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. The company was founded in 2003 and is headquartered in Calgary, Canada.