Analyst Activity – Cormark Initiates Coverage On Gran Tierra Energy (TSE:GTE) With a Buy


Analyst Ratings For Gran Tierra Energy (TSE:GTE)

Today, Cormark initiated coverage on Gran Tierra Energy (TSE:GTE) with a Buy.

There are 14 buy ratings, 2 strong buy ratings on the stock.

The current consensus rating on Gran Tierra Energy (TSE:GTE) is Buy (Score: 3.13) with a consensus target price of C$6.72 per share, a potential .

Some recent analyst ratings include

  • 3/20/2017-Cormark initiated coverage with a Buy rating.
  • 3/3/2017-TD Securities Reiterated Rating of Action List Buy.
  • 3/2/2017-Scotiabank Reiterated Rating of Outperform.
  • 3/2/2017-Canaccord Genuity Reiterated Rating of Buy .
  • 2/13/2017-CIBC Upgrade from a “Neutral ” rating to a ” Outperform” rating.
  • 2/10/2017-CSFB Upgrade from a “Neutral ” rating to a ” Outperform” rating.

    About Gran Tierra Energy (TSE:GTE)
    Gran Tierra Energy Inc. is an energy company engaged in oil and gas acquisition, exploration, development and production. The Company focuses on onshore oil and gas properties in Colombia, and also own rights to oil and gas properties in Brazil and Peru. Its segments are Colombia, Peru and Brazil based on geographic organization. It operates principally in the Putumayo Basin in Colombia, and has properties in other basins, including the Catatumbo, Cauca, Llanos, Sinu-San Jacinto, Middle Magdalena and Lower Magdalena Basins. It has interests in over 30 blocks in Colombia and it is the operator on over 20 of these blocks. Its blocks and fields include Chaza-Costayaco and Moqueta Fields, Guayuyaco-Guayuyaco and Juanambu Fields, Garibay-Jilguero Field and over 11 Other Blocks. Blocks REC-T-129, REC-T-142, REC-T-155 and REC-T-224 are located over 70 kilometers northeast of Salvador, Brazil in the Reconcavo Basin. Its blocks in Peru include Block 123, Block 129, Block 107 and Block 133.

    Recent Trading Activity for Gran Tierra Energy (TSE:GTE)
    Shares of Gran Tierra Energy closed the previous trading session at 3.34 down -0.08 -2.34% with 1,394,949 shares trading hands.

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