Cowen & Co. Keeps a Buy Rating on Greenbrier (GBX)


Cowen & Co. analyst Matt Elkott maintained a Buy rating on Greenbrier (GBX) today and set a price target of $42. The company’s shares opened today at $28.22, close to its 52-week low of $26.75.

Elkott has an average return of 4.6% when recommending Greenbrier.

According to TipRanks.com, Elkott is ranked #1488 out of 5246 analysts.

Currently, the analyst consensus on Greenbrier is a Hold with an average price target of $35.67, a 26.4% upside from current levels. In a report issued on July 3, Stifel Nicolaus also maintained a Buy rating on the stock with a $36 price target.

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Greenbrier’s market cap is currently $954.1M and has a P/E ratio of 13.96. The company has a Price to Book ratio of 0.73.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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