Garrett Motion Inc (GTX) Receives a Hold from Barclays


Barclays analyst Brian Johnson maintained a Hold rating on Garrett Motion Inc (GTX) today and set a price target of $12.00. The company’s shares closed last Monday at $9.74, close to its 52-week low of $9.31.

According to TipRanks.com, Johnson is a 1-star analyst with an average return of -1.6% and a 46.7% success rate. Johnson covers the Industrial Goods sector, focusing on stocks such as Magna International, American Axle, and Visteon Corp.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Garrett Motion Inc with a $11.60 average price target.

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The company has a one-year high of $19.71 and a one-year low of $9.31. Currently, Garrett Motion Inc has an average volume of 807.9K.

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Garrett Motion, Inc. engages in the designing, manufacturing and selling engineered turbocharger, electric-boosting technologies for light and commercial vehicle original equipment manufacturers. The company was founded on March 14, 2018 and is headquartered in Rolle, Switzerland.

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