In a report released today, Matt Elkott from Cowen & Co. maintained a Buy rating on Greenbrier (GBX), with a price target of $30.00. The company’s shares closed last Monday at $25.81.
According to TipRanks.com, Elkott is a 4-star analyst with an average return of 8.7% and a 54.2% success rate. Elkott covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies, Freightcar America, and Trinity Industries.
The word on The Street in general, suggests a Hold analyst consensus rating for Greenbrier with a $20.40 average price target.
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The company has a one-year high of $34.30 and a one-year low of $12.89. Currently, Greenbrier has an average volume of 635.5K.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GBX in relation to earlier this year.
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. The Wheels and Parts segment produces railroad accessories and provides wheel and axle maintenance and services. The Leasing and Services segment offers management solutions to railcars for railroads, shippers, and carriers. The company was founded in 1981 and is headquartered in Lake Oswego, OR.
