Stephens analyst Justin Long reiterated a Hold rating on Freightcar America (NASDAQ: RAIL) today and set a price target of $19. The company’s shares opened today at $18.47.
According to TipRanks.com, Long is a 2-star analyst with an average return of 19.2% and a 100.0% success rate. Long covers the Services sector, focusing on stocks such as Kansas City Southern, Union Pacific Corp, and Genesee & Wyoming.
Freightcar America has an analyst consensus of Hold, with a price target consensus of $19.
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The company has a one-year high of $20.46 and a one-year low of $12.53. Currently, Freightcar America has an average volume of 69.43K.
Based on the recent corporate insider activity of 21 insiders, corporate insider sentiment is neutral on the stock.
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FreightCar America, Inc. manufactures railcars and railcar components. It designs and manufactures a broad variety of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars.
