The Globe and Mail reports in its Thursday, Dec. 4, edition that National Bank analyst Patrick Kenny has elevated his recommendation for Gibson Energy to "outperform" from "sector perform." The Globe's David Leeder writes in the Eye On Equities column that Mr. Kenny's new share target of $29 exceeds the current average on the Street of $26.14. Mr. Kenny sees "an attractive entry point" for Gibson Energy following its Investor Day event on Tuesday. He says its five-year growth plan is now firmly in place. Mr. Kenny says in a note: "With over 25 mmbbl [million barrels] of terminal capacity in North America, Gibson touches one-in-four barrels in the WCSB and exports one-in-five barrels from the Gulf Coast. Gibson recently renewed a 20-year take-or-pay contract supporting refined product services at its Edmonton terminal, while extending a terminal storage take-or-pay agreement with a senior integrated oil sands counter party covering 800,000 bbl of tankage by an incremental 10 years, underscoring the long-term stability and quality of its cash flow profile. Overall, Gibson expects to generate a total return of over 100 per cent by the end of 2030, underpinned by 7-per-cent annual Infrastructure EBITDA per share growth."