Greenbrier (NYSE:GBX) has been downgraded from Buy to Hold in a report by Standpoint Research today.
- Updated: October 19, 2016
Standpoint Research has downgraded Greenbrier (NYSE:GBX) from Buy to Hold in a statement released on 10/19/2016.
On 10/14/2016, Cowen released a statement for Greenbrier (NYSE:GBX) bumped up the target price from $35.00 to $39.00. At the time, this indicated a possible upside of 0.08%.
Just yesterday Greenbrier (NYSE:GBX) traded 3.87% higher at $35.55. GBX’s 50-day average is $34.84 and its 200-day moving average is $31.24. The last stock close price is up 18.20% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 521,460 shares of GBX traded, up from an avg. trading volume of 338,694
Greenbrier has 52 week low of $19.89 and a 52 week high of $42.04 with a PE ratio of 5.51 and has a market capitalization of $0.
Also covering Greenbrier's price target, a total of 9 brokerages have issued a ratings update on GBX. The one year target is $32.56 with two analysts rating the company a strong buy, three analysts rating the company a buy, 6 firms rating the stock a hold, 1 firm rating the company a underperform, and lastly zero equity analysts rating the company a sell.
General Information About 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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