Greenbrier Companies Inc (NYSE:GBX)‘s stock had its “buy” rating reiterated by research analysts at KeyCorp in a research report issued to clients and investors on Tuesday. They presently have a $60.00 price objective on the transportation company’s stock. KeyCorp’s price objective would suggest a potential upside of 15.72% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Stifel Nicolaus raised shares of Greenbrier Companies from a “hold” rating to a “buy” rating and raised their target price for the company from $48.00 to $51.00 in a report on Monday, July 17th. BidaskClub lowered shares of Greenbrier Companies from a “sell” rating to a “strong sell” rating in a report on Monday, July 17th. Cowen and Company raised their target price on shares of Greenbrier Companies from $50.00 to $57.00 and gave the company an “outperform” rating in a report on Tuesday, July 4th. Zacks Investment Research lowered shares of Greenbrier Companies from a “buy” rating to a “hold” rating in a report on Friday, August 4th. Finally, Bank of America Corporation raised shares of Greenbrier Companies from a “neutral” rating to a “buy” rating and raised their target price for the company from $49.00 to $59.00 in a report on Tuesday, July 4th. Three analysts have rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and two have given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $53.57.

Shares of Greenbrier Companies (NYSE GBX) traded up 0.39% during mid-day trading on Tuesday, reaching $51.85. 263,531 shares of the company’s stock traded hands. The firm has a 50 day moving average price of $47.17 and a 200-day moving average price of $45.63. The stock has a market cap of $1.48 billion, a PE ratio of 13.08 and a beta of 1.90. Greenbrier Companies has a 12 month low of $28.95 and a 12 month high of $52.45.

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In related news, VP Anne Manning sold 6,000 shares of Greenbrier Companies stock in a transaction that occurred on Monday, August 14th. The shares were sold at an average price of $46.55, for a total transaction of $279,300.00. Following the sale, the vice president now directly owns 11,939 shares of the company’s stock, valued at approximately $555,760.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Lorie Tekorius sold 4,740 shares of Greenbrier Companies 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 own 4.60% of the company’s stock.

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

About Greenbrier Companies

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 (NYSE:GBX)

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