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Freightcar America (US:RAIL) target price raised to $17.00, reported today by Buckingham Research

Boasting a price of $16.93, Freightcar America (US:RAIL) traded 0.51% higher on the day. With the last close up 13.30% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Freightcar America has recorded a 50-day average of $17.48 and a two hundred day average of $15.77. Volume of trade was up over the average, with 126,251 shares of RAIL changing hands over the typical 101,242

Freightcar America (US:RAIL) had its target price raised to $17.00 by Buckingham Research in a report released 6/21/2017. The updated stock price target implies doubtful upside the company's most recent close.

Performance Chart

Freightcar America (US:RAIL)

With a total market value of $0, Freightcar America has price-earnings ratio of 687.31 with a one year low of $10.87 and a one year high of $19.66 .

A total of 6 analysts have released a research note on RAIL. Two analysts rating the company a strong buy, zero analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $17.83.

More About Freightcar America (US:RAIL)

FreightCar America, Inc. is a manufacturer of railcars and railcar components. The Company operates in the Manufacturing segment. The Company designs and manufactures a range of railcar types for transportation of bulk commodities and containerized freight products primarily in North America, including open top hoppers, covered hoppers, and gondolas along with intermodal and non-intermodal flat cars. The Company manufactures aluminum-bodied railcars, including coal cars. The Manufacturing segment includes new railcar manufacturing, used railcar sales, railcar leasing and major railcar rebuilds. The Company refurbishes and rebuilds railcars, and sells forged, cast and fabricated parts for all of the railcars. The Company also leases freight cars through its JAIX Leasing Company subsidiary. The Company's railcar manufacturing facilities are located in Cherokee, Alabama (Shoals), Danville, Illinois and Roanoke, Virginia.

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