Greenbrier Companies, Inc. (The) (NYSE:GBX) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

According to Zacks, “Greenbrier Companies Inc. is a leading supplier of transportation equipment and services to the railroad and related industries. The manufacturing segment produces double-stack intermodal railcars, conventional railcars and marine vessels, and performs repair and refurbishment activities for both intermodal and conventional railcars. In addition to manufacturing, they are engaged in complementary leasing and services activities. “

Other equities analysts also recently issued research reports about the stock. Stifel Nicolaus raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and lifted their price target for the stock from $48.00 to $51.00 in a report on Monday, July 17th. BidaskClub lowered shares of Greenbrier Companies, Inc. (The) from a “sell” rating to a “strong sell” rating in a report on Monday, July 17th. Cowen and Company lifted their price target on shares of Greenbrier Companies, Inc. (The) from $50.00 to $57.00 and gave the stock an “outperform” rating in a report on Tuesday, July 4th. Bank of America Corporation raised shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $49.00 to $59.00 in a report on Tuesday, July 4th. Finally, Buckingham Research assumed coverage on shares of Greenbrier Companies, Inc. (The) in a report on Wednesday, June 21st. They issued a “neutral” rating and a $45.00 price target on the stock. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Greenbrier Companies, Inc. (The) presently has a consensus rating of “Hold” and an average target price of $44.88.

Shares of Greenbrier Companies, Inc. (NYSE GBX) traded up 0.59% during mid-day trading on Friday, reaching $42.70. The company had a trading volume of 339,657 shares. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 10.77 and a beta of 1.91. Greenbrier Companies, Inc. has a one year low of $28.95 and a one year high of $51.25. The company has a 50 day moving average price of $44.07 and a 200 day moving average price of $44.46.

Greenbrier Companies, Inc. (The) (NYSE:GBX) last posted its quarterly earnings results on Thursday, June 29th. The transportation company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.82 by $0.21. Greenbrier Companies, Inc. (The) had a net margin of 5.85% and a return on equity of 11.74%. The firm had revenue of $439.20 million during the quarter, compared to the consensus estimate of $516.17 million. During the same quarter in the previous year, the firm posted $1.12 earnings per share. The company’s revenue was down 28.3% on a year-over-year basis. On average, analysts anticipate that Greenbrier Companies, Inc. will post $3.54 EPS for the current year.

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In other Greenbrier Companies, Inc. (The) news, EVP Alejandro Centurion sold 3,000 shares of the company’s stock in a transaction dated Tuesday, July 11th. The shares were sold at an average price of $43.05, for a total value of $129,150.00. Following the completion of the transaction, the executive vice president now owns 17,583 shares in the company, valued at $756,948.15. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Anne Manning sold 6,000 shares of the company’s stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $46.55, for a total transaction of $279,300.00. Following the completion of the transaction, the vice president now owns 11,939 shares of the company’s stock, valued at approximately $555,760.45. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 12,000 shares of company stock worth $538,350. 4.60% of the stock is owned by corporate insiders.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. New York State Common Retirement Fund raised its position in shares of Greenbrier Companies, Inc. (The) by 0.3% during the 2nd quarter. New York State Common Retirement Fund now owns 28,900 shares of the transportation company’s stock worth $1,337,000 after purchasing an additional 99 shares during the last quarter. First Midwest Bank Trust Division raised its position in shares of Greenbrier Companies, Inc. (The) by 0.7% during the 2nd quarter. First Midwest Bank Trust Division now owns 13,823 shares of the transportation company’s stock worth $639,000 after purchasing an additional 101 shares during the last quarter. Municipal Employees Retirement System of Michigan raised its position in shares of Greenbrier Companies, Inc. (The) by 1.3% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 11,180 shares of the transportation company’s stock worth $482,000 after purchasing an additional 140 shares during the last quarter. The Manufacturers Life Insurance Company raised its position in shares of Greenbrier Companies, Inc. (The) by 0.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,989 shares of the transportation company’s stock worth $970,000 after purchasing an additional 172 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Greenbrier Companies, Inc. (The) by 0.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 19,962 shares of the transportation company’s stock worth $923,000 after purchasing an additional 176 shares during the last quarter.

Greenbrier Companies, Inc. (The) Company Profile

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.

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Analyst Recommendations for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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