Cowen & Co. Thinks Greenbrier’s Stock is Going to Recover


In a report released today, Matt Elkott from Cowen & Co. maintained a Buy rating on Greenbrier (GBX), with a price target of $49. The company’s shares opened today at $32.11, close to its 52-week low of $31.12.

Elkott has an average return of 6.5% when recommending Greenbrier.

According to TipRanks.com, Elkott is ranked #1152 out of 5175 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Greenbrier with a $41.75 average price target, a 30.0% upside from current levels. In a report issued on March 29, Stifel Nicolaus also maintained a Buy rating on the stock with a $42 price target.

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The company has a one-year high of $64.87 and a one-year low of $31.12. Currently, Greenbrier has an average volume of 445.9K.

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Greenbrier Cos., Inc. engages in the design, manufacture, and marketing of railroad freight car equipment. It operates through the following segments: Manufacturing; Wheels and Parts; and Leasing and Services. The Manufacturing segment includes double-stack intermodal railcars, tank cars, and marine vessels.

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