RBC Capital Remains a Hold on Gran Tierra Energy (GTE)

RBC Capital analyst Gregory Pardy maintained a Hold rating on Gran Tierra Energy (GTE – Research Report) yesterday and set a price target of C$9.00. The company’s shares closed yesterday at $4.96.

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Pardy covers the Energy sector, focusing on stocks such as Suncor Energy, Cenovus Energy, and Gran Tierra Energy. According to TipRanks, Pardy has an average return of 19.2% and a 58.49% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Gran Tierra Energy with a $7.36 average price target.

The company has a one-year high of $10.40 and a one-year low of $4.71. Currently, Gran Tierra Energy has an average volume of 362.2K.

Based on the recent corporate insider activity of 123 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GTE in relation to earlier this year. Most recently, in December 2024, Gary Guidry, the President & CEO of GTE sold 52,000.00 shares for a total of $363,480.00.