Greenbrier Companies, Inc. (The) (NYSE:GBX) had its price objective lifted by equities researchers at Buckingham Research from $45.00 to $53.00 in a note issued to investors on Thursday. The firm currently has a “neutral” rating on the transportation company’s stock. Buckingham Research’s price objective indicates a potential upside of 6.21% from the company’s previous close.

A number of other brokerages also recently weighed in on GBX. Stifel Nicolaus raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and boosted their target price for the stock from $48.00 to $51.00 in a research note on Monday, July 17th. BidaskClub raised shares of Greenbrier Companies, Inc. (The) from a “strong sell” rating to a “sell” rating in a research note on Tuesday, August 8th. Cowen and Company reaffirmed an “outperform” rating and issued a $58.00 target price (up from $57.00) on shares of Greenbrier Companies, Inc. (The) in a research note on Thursday. Zacks Investment Research raised shares of Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $48.00 target price for the company in a research note on Tuesday, August 29th. Finally, Bank of America Corporation raised shares of Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $49.00 to $59.00 in a research note on Tuesday, July 4th. Four equities research analysts have rated the stock with a sell rating, three have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $50.11.

Shares of Greenbrier Companies, Inc. (NYSE:GBX) traded up 2.00% during midday trading on Thursday, hitting $50.90. 491,824 shares of the company’s stock traded hands. Greenbrier Companies, Inc. has a 1-year low of $28.95 and a 1-year high of $52.00. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 12.84 and a beta of 1.91. The company has a 50 day moving average price of $44.49 and a 200 day moving average price of $44.89.

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In other news, EVP Alejandro Centurion sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $43.30, for a total value of $129,900.00. Following the completion of the transaction, the executive vice president now owns 17,583 shares in the company, valued at $761,343.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Lorie Tekorius sold 4,740 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $48.00, for a total transaction of $227,520.00. The disclosure for this sale can be found here. Insiders sold 16,740 shares of company stock valued at $765,870 in the last quarter. Corporate insiders own 4.60% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the company. LSV Asset Management boosted its holdings in shares of Greenbrier Companies, Inc. (The) by 261.9% in the second quarter. LSV Asset Management now owns 289,900 shares of the transportation company’s stock valued at $13,407,000 after buying an additional 209,800 shares during the period. Alps Advisors Inc. lifted its position in shares of Greenbrier Companies, Inc. (The) by 2.8% in the second quarter. Alps Advisors Inc. now owns 13,858 shares of the transportation company’s stock worth $641,000 after purchasing an additional 377 shares in the last quarter. Dalton Greiner Hartman Maher & Co. bought a new stake in shares of Greenbrier Companies, Inc. (The) in the second quarter worth $16,001,000. Meridian Wealth Management LLC bought a new stake in shares of Greenbrier Companies, Inc. (The) in the second quarter worth $283,000. Finally, BNP Paribas Arbitrage SA lifted its position in shares of Greenbrier Companies, Inc. (The) by 33.2% in the second quarter. BNP Paribas Arbitrage SA now owns 14,487 shares of the transportation company’s stock worth $670,000 after purchasing an additional 3,612 shares in 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.

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

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