Greenbrier Companies, Inc. (The) (NYSE:GBX) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Friday. The brokerage presently has a $58.00 target price on the transportation company’s stock. Zacks Investment Research‘s target price indicates a potential upside of 15.42% from the company’s previous close.

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. “

Several other analysts have also recently commented on GBX. BidaskClub upgraded Greenbrier Companies, Inc. (The) from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th. Buckingham Research initiated coverage on Greenbrier Companies, Inc. (The) in a report on Wednesday, June 21st. They issued a “neutral” rating and a $45.00 target price on the stock. Bank of America Corporation upgraded Greenbrier Companies, Inc. (The) from a “neutral” rating to a “buy” rating and upped their target price for the company from $49.00 to $59.00 in a report on Tuesday, July 4th. Cowen and Company upped their target price on Greenbrier Companies, Inc. (The) from $50.00 to $57.00 and gave the company an “outperform” rating in a report on Tuesday, July 4th. Finally, Stifel Nicolaus upgraded Greenbrier Companies, Inc. (The) from a “hold” rating to a “buy” rating and upped their target price for the company from $48.00 to $51.00 in a report on Monday, July 17th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $51.36.

Shares of Greenbrier Companies, Inc. (NYSE:GBX) traded down 1.08% on Friday, hitting $50.25. 404,119 shares of the stock traded hands. Greenbrier Companies, Inc. has a 1-year low of $28.95 and a 1-year high of $52.00. The stock has a market cap of $1.43 billion, a PE ratio of 12.68 and a beta of 1.91. The stock has a 50 day moving average of $44.63 and a 200-day moving average of $44.93.

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In other Greenbrier Companies, Inc. (The) news, VP Anne Manning sold 6,000 shares of the stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $46.55, for a total transaction of $279,300.00. Following the transaction, the vice president now directly owns 11,939 shares in the company, valued at approximately $555,760.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Lorie Tekorius sold 4,740 shares of the 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 disclosure for this sale can be found here. Insiders have sold a total of 16,740 shares of company stock worth $765,870 over the last 90 days. Company insiders own 4.60% of the company’s stock.

Several institutional investors have recently bought and sold shares of the business. New York State Common Retirement Fund boosted its holdings 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 buying an additional 99 shares in the last quarter. First Midwest Bank Trust Division boosted its holdings 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 buying an additional 101 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings 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 buying an additional 140 shares in the last quarter. The Manufacturers Life Insurance Company boosted its holdings 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 buying an additional 172 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its holdings 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 buying an additional 176 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.

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

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