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TSE:GXE - Gear Energy Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$0.35
  • Forecasted Upside: -53.33 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$0.75 As of 06/18/2021 01:00 AM ET
▼ -0.03 (-3.85%)
1 month | 3 months | 12 months
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Analyst Price Target for GXE

Average Price Target: C$0.35
▼ -53.33% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Gear Energy in the last 3 months. The average price target is C$0.35, with a high forecast of C$0.35 and a low forecast of C$0.35. The average price target represents a -53.33% upside from the last price of C$0.75.

Buy

The current consensus among 2 polled investment analysts is to buy stock in Gear Energy. This rating has held steady since April 2021, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
12/28/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/25/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/23/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/22/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/22/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/21/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/20/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/6/2021Stifel FirstegyDowngradeBuy ➝ Hold
1/11/2021ATB CapitalReiterated RatingBuyC$0.30 ➝ C$0.35
12/18/2020Stifel FirstegyUpgradeHold ➝ Buy
8/6/2020Stifel FirstegyUpgradeReduce ➝ Hold
7/10/2020ATB CapitalBoost Price TargetC$0.25 ➝ C$0.35
5/7/2020National Bank FinancialBoost Price TargetSector PerformC$0.15 ➝ C$0.30
4/23/2020National Bank FinancialLower Price TargetSector PerformC$0.20 ➝ C$0.15
3/19/2020Stifel FirstegyDowngradeHold ➝ Reduce
3/13/2020CormarkLower Price TargetC$0.90 ➝ C$0.40
3/13/2020Haywood SecuritiesLower Price TargetC$0.80 ➝ C$0.30
3/9/2020National Bank FinancialDowngradeOutperform Overweight ➝ Sector Perform Overweight
1/31/2020National Bank FinancialLower Price TargetOutperformC$0.75 ➝ C$0.65
12/19/2019Beacon SecuritiesReiterated RatingBuy
12/18/2019Stifel FirstegyDowngradeBuy ➝ Hold
12/18/2019National Bank FinancialLower Price TargetOutperformC$0.85 ➝ C$0.75
10/2/2019National Bank FinancialLower Price TargetOutperformC$0.95 ➝ C$0.85
8/8/2019National Bank FinancialLower Price TargetOutperformC$1.00 ➝ C$0.95
6/28/2019GMP SecuritiesLower Price TargetC$0.95 ➝ C$0.70
6/25/2019National Bank FinancialLower Price TargetOutperformC$1.10 ➝ C$1.00
5/9/2019National Bank FinancialLower Price TargetOutperformC$1.15 ➝ C$1.10
4/23/2019CormarkBoost Price TargetC$0.90 ➝ C$1.15
4/8/2019National Bank FinancialBoost Price TargetOutperformC$1.10 ➝ C$1.15
1/15/2019CormarkLower Price TargetC$1.75 ➝ C$1.25
1/10/2019Canaccord GenuityLower Price TargetC$1.50 ➝ C$0.90
1/7/2019AltaCorp CapitalDowngradeOutperform ➝ Sector Perform
12/13/2018GMP SecuritiesUpgradeHold ➝ BuyC$1.15 ➝ C$0.85
12/10/2018National Bank FinancialLower Price TargetOutperformC$1.75 ➝ C$1.10
11/29/2018Canaccord GenuityUpgradeSpeculative Buy ➝ BuyC$1.75 ➝ C$1.50
11/9/2018GMP SecuritiesDowngradeBuy ➝ HoldC$1.65 ➝ C$1.15
11/8/2018National Bank FinancialLower Price TargetOutperformC$2.00 ➝ C$1.75
8/9/2018National Bank FinancialReiterated RatingOutperformC$2.00
7/24/2018Canaccord GenuityBoost Price TargetC$1.50 ➝ C$1.75
7/10/2018Canaccord GenuityBoost Price TargetC$1.25 ➝ C$1.50
4/12/2018National Bank FinancialBoost Price TargetOutperformC$1.00 ➝ C$1.25
3/23/2018National Bank FinancialLower Price TargetOutperformC$1.25 ➝ C$1.00
2/23/2018GMP SecuritiesLower Price TargetC$1.25 ➝ C$1.20
1/9/2018National Bank FinancialBoost Price TargetOutperformC$1.00 ➝ C$1.25
2/16/2017DesjardinsReiterated RatingHoldC$1.10
12/21/2016DesjardinsBoost Price TargetC$0.80 ➝ C$1.00
11/7/2016Beacon SecuritiesReiterated RatingBuy
10/18/2016Canaccord GenuityInitiated CoverageSpeculative BuyC$1.00
9/9/2016AltaCorp CapitalBoost Price TargetC$0.85 ➝ C$1.05
7/8/2016FirstEnergy CapitalReiterated RatingOutperform
6/30/2016AltaCorp CapitalUpgradeSector Perform ➝ Outperform
6/28/2016DesjardinsSet Price TargetC$0.75
(Data available from 6/20/2016 forward)
Gear Energy logo
Gear Energy Ltd., an exploration and production company, acquires, develops, and holds interests in petroleum and natural gas properties and assets in Canada. Its oil-focused operations are located in three core areas, including Lloydminster heavy oil, Central Alberta light/medium oil, and Southeast Saskatchewan light oil. Gear Energy Ltd. is headquartered in Calgary, Canada.
Read More

Today's Range

Now: C$0.75
Low: C$0.74
High: C$0.79

50 Day Range

MA: C$0.67
Low: C$0.49
High: C$0.82

52 Week Range

Now: C$0.75
Low: C$0.14
High: C$0.86

Volume

613,908 shs

Average Volume

994,532 shs

Market Capitalization

C$193.28 million

P/E Ratio

5.81

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Gear Energy?

The following Wall Street analysts have issued stock ratings on Gear Energy in the last twelve months: ATB Capital, and Stifel Firstegy.
View the latest analyst ratings for GXE.

What is the current price target for Gear Energy?

1 Wall Street analysts have set twelve-month price targets for Gear Energy in the last year. Their average twelve-month price target is C$0.35, suggesting a possible downside of 53.3%. ATB Capital has the highest price target set, predicting GXE will reach C$0.35 in the next twelve months. ATB Capital has the lowest price target set, forecasting a price of C$0.35 for Gear Energy in the next year.
View the latest price targets for GXE.

What is the current consensus analyst rating for Gear Energy?

Gear Energy currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GXE will outperform the market and that investors should add to their positions of Gear Energy.
View the latest ratings for GXE.

What other companies compete with Gear Energy?

Other companies that are similar to Gear Energy include Diversified Gas & Oil, TORC Oil & Gas Ltd. (TOG.TO), Kelt Exploration, Canacol Energy, Frontera Energy, Canacol Energy, Cardinal Energy, Storm Resources, Indus Gas, BlackPearl Resources, Eland Oil & Gas, EnQuest, Jadestone Energy, Epsilon Energy and Touchstone Exploration.

How do I contact Gear Energy's investor relations team?

Gear Energy's physical mailing address is 2600-240 4 Ave SW, CALGARY, AB T2P 4H4, Canada. The company's listed phone number is +1-403-5388437. The official website for Gear Energy is www.gearenergy.com.