Cowen & Co. Reaffirms Their Hold Rating on GATX (GATX)


In a report released today, Matt Elkott from Cowen & Co. maintained a Hold rating on GATX (GATX), with a price target of $85.00. The company’s shares closed last Monday at $75.30.

According to TipRanks.com, Elkott is a 4-star analyst with an average return of 7.2% and a 55.7% 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 GATX with a $85.00 average price target.

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The company has a one-year high of $86.01 and a one-year low of $69.50. Currently, GATX has an average volume of 222.6K.

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GATX Corp. engages in leasing and owning railcar and fleets in North America, Europe, and Asia. It operates business through the following segments: Rail North America, Rail International, American Steamship Company (ASC), and Portfolio Management.

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