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A statement released earlier today by Cowen about Greenbrier (NYSE:GBX) bumps the target price to $39.00

Just yesterday Greenbrier (NYSE:GBX) traded -0.83% lower at $36.05. Greenbrier’s 50-day moving average is $34.70 and its 200-day moving average is $31.01. The last closing price is up 16.27% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 278,860 shares of GBX traded hands, down from an average trading volume of 346,657

Cowen raised the target price of Greenbrier (NYSE:GBX) to $39.00 reporting a possible upside of 0.08%.

Previously on 10/10/2016, Vetr Inc. reported on Greenbrier (NYSE:GBX) increased the target price from $0.00 to $35.84. At the time, this indicated a possible downside of -0.03%.

Recent Performance Chart

Greenbrier (NYSE:GBX)

Greenbrier has 52 week low of $19.89 and a 52 week high of $42.04 with a PE ratio of 5.38 and has a market capitalization of $0.

In addition to Cowen reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is $32.56 with 2 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 6 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Greenbrier (NYSE:GBX)

The Greenbrier Companies, Inc. is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership. It operates in four segments: Manufacturing; Wheels & Parts; Leasing & Services, and GBW Joint Venture. It also produces rail castings and tank heads through unconsolidated joint ventures. It operates an integrated business model in North America that combines freight car manufacturing, wheel services, repair, refurbishment, retrofitting, component parts, leasing and fleet management services. Its customers include railroads, leasing companies, financial institutions, shippers, carriers and transportation companies.

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