Greenbrier Cos. Inc. Hits New 52-Week High at $25.50 (GBX)
Shares of Greenbrier Cos. (NYSE:GBX) hit a new 52-week high during trading hours on Friday, AnalystRatingsNetwork.com reports. The company traded as high as $25.50 and last traded at $25.40, with a volume of 210,053 shares trading hands. The stock had previously closed at $25.09.
Several analysts have recently commented on the stock. Analysts at Merrill Lynch downgraded shares of Greenbrier Cos. (NYSE:GBX) from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, July 10th. Separately, analysts at Bank of America Corp. downgraded shares of Greenbrier Cos. (NYSE:GBX) from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, July 10th. Finally, analysts at Sterne Agee reiterated a “buy” rating on shares of Greenbrier Cos. (NYSE:GBX) in a research note to investors on Monday, July 8th. They now have a $27.00 price target on the stock, down previously from $28.00. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $25.94.
Greenbrier Cos. has a 1-year low of $13.25 and a 1-year high of $25.50. The stock’s 50-day moving average is $23.98 and its 200-day moving average is $23.20. The company’s market cap is $685.4 million.
The Greenbrier Companies, Inc (NYSE:GBX), formerly Greenbrier Oregon, Inc, are the designers, manufacturers and marketers of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services to the railroad and related transportation industries in North America.
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