Gran Tierra Energy Inc. – Consensus Indicates Potential 49.3% Upside

Broker Ratings
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Gran Tierra Energy Inc. found using ticker (GTE) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 4.09 and 1.47 with the average target price sitting at 2.12. Given that the stocks previous close was at 1.42 this indicates there is a potential upside of 49.3%. The 50 day MA is 1.65 and the 200 day moving average is 1.15. The market cap for the company is $486m. Visit the company website at: https://www.grantierra.com

The potential market cap would be $726m based on the market concensus.

Gran Tierra Energy Inc., together with its subsidiaries, engages in the exploration and production of oil and gas properties in Colombia and Ecuador. As of December 31, 2021, it had total proved undeveloped reserves of 24.8 million barrels of oil equivalent in Colombia. The company was incorporated in 2003 and is headquartered in Calgary, Canada.

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