Chart Industries Receives Consensus Recommendation of “Buy” from Analysts (NASDAQ:GTLS)
Chart Industries (NASDAQ:GTLS) has been given a consensus rating of “Buy” by the twelve brokerages that are presently covering the stock, Stock Ratings Network reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among brokers that have covered the stock in the last year is $116.85.
Shares of Chart Industries (NASDAQ:GTLS) traded up 0.45% on Wednesday, hitting $81.73. The stock had a trading volume of 133,917 shares. Chart Industries has a one year low of $64.61 and a one year high of $130.85. The stock has a 50-day moving average of $87.29 and a 200-day moving average of $104.1. The company has a market cap of $2.483 billion and a P/E ratio of 31.56.
Chart Industries (NASDAQ:GTLS) last announced its earnings results on Tuesday, February 25th. The company reported $0.82 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.83 by $0.01. The company had revenue of $303.80 million for the quarter, compared to the consensus estimate of $323.26 million. On average, analysts predict that Chart Industries will post $2.96 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on GTLS shares. Analysts at Barclays cut their price target on shares of Chart Industries from $121.00 to $111.00 in a research note on Wednesday, February 5th. They now have an “overweight” rating on the stock. Finally, analysts at Morgan Stanley upgraded shares of Chart Industries from an “equal weight” rating to an “overweight” rating in a research note on Monday, December 2nd. They now have a $120.00 price target on the stock.
Chart Industries, Inc (NASDAQ:GTLS) is a holding company.
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