GMT Price Target Raised to $49.00 at Goldman Sachs Group Inc. (GMT)
Stock analysts at Goldman Sachs Group Inc. lifted their price objective on shares of GMT (NASDAQ:GMT) from $48.00 to $49.00 in a report issued on Thursday, Stock Ratings Network reports. Goldman Sachs Group Inc.’s price target would suggest a potential downside of 3.92% from the company’s current price.
GMT (NASDAQ:GMT) traded down 0.51% during mid-day trading on Thursday, hitting $51.00. 224,621 shares of the company’s stock traded hands. GMT has a 1-year low of $43.88 and a 1-year high of $54.19. The stock’s 50-day moving average is $50.62 and its 200-day moving average is $48.29. The company has a market cap of $2.357 billion and a price-to-earnings ratio of 16.70.
Separately, analysts at Morgan Stanley raised their price target on shares of GMT from $47.00 to $49.00 in a research note to investors on Monday.
GATX Corporation (NASDAQ:GMT) leases, operates, manages and remarkets assets primarily in the rail and marine markets.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.