Greenbrier Companies, Inc. (The) (NYSE:GBX)‘s stock had its “outperform” rating restated by equities research analysts at Cowen and Company in a research note issued to investors on Thursday. They currently have a $58.00 price objective on the transportation company’s stock, up from their prior price objective of $57.00. Cowen and Company’s price target indicates a potential upside of 14.17% from the stock’s previous close.

A number of other equities research analysts have also weighed in on GBX. BidaskClub upgraded Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. Buckingham Research started coverage on Greenbrier Companies, Inc. (The) in a research report on Wednesday, June 21st. They issued a “neutral” rating and a $45.00 price objective on the stock. Bank of America Corporation upgraded Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $49.00 to $59.00 in a research report on Tuesday, July 4th. Stifel Nicolaus upgraded Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $48.00 to $51.00 in a research report on Monday, July 17th. Finally, Zacks Investment Research lowered Greenbrier Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. Four research analysts have rated the stock with a sell rating, three have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $50.11.

Greenbrier Companies, Inc. (GBX) traded up 1.80% during trading on Thursday, hitting $50.80. The company had a trading volume of 1,019,218 shares. Greenbrier Companies, Inc. has a 1-year low of $28.95 and a 1-year high of $52.00. The company’s 50 day moving average price is $44.49 and its 200-day moving average price is $44.89. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 12.82 and a beta of 1.91.

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In other news, CFO Lorie Tekorius sold 4,740 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $48.00, for a total value of $227,520.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Anne Manning sold 6,000 shares of the firm’s stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $46.55, for a total value 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. In the last 90 days, insiders sold 16,740 shares of company stock valued at $765,870. 4.60% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameritas Investment Partners Inc. purchased a new position in shares of Greenbrier Companies, Inc. (The) in the 1st quarter valued at approximately $101,000. Riverhead Capital Management LLC lifted its stake in shares of Greenbrier Companies, Inc. (The) by 69.1% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,198 shares of the transportation company’s stock valued at $102,000 after purchasing an additional 898 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Greenbrier Companies, Inc. (The) by 872.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,819 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 2,529 shares during the period. Stifel Financial Corp purchased a new position in shares of Greenbrier Companies, Inc. (The) in the 1st quarter valued at approximately $202,000. Finally, Cim Investment Mangement Inc. purchased a new position in shares of Greenbrier Companies, Inc. (The) in the 1st quarter valued at approximately $204,000.

About Greenbrier Companies, Inc. (The)

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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