Analyst Rating Update on Genesee & Wyoming (GWR)

Genesee & Wyoming (NYSE:GWR) : 5 brokerage houses believe that Genesee & Wyoming (NYSE:GWR) is a Strong Buy at current levels. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Genesee & Wyoming (NYSE:GWR). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.89.

Genesee & Wyoming (NYSE:GWR) : The consensus price target for Genesee & Wyoming (NYSE:GWR) is $70.25 for the short term with a standard deviation of $6.54. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $78, however, the pessimist price target for the company is $57.

For the current week, the company shares have a recommendation consensus of Buy. Also, Stifel Nicolaus downgrades its view on Genesee & Wyoming (NYSE:GWR) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on May 5, 2016.

Genesee & Wyoming (NYSE:GWR): stock turned positive on Tuesday. Though the stock opened at $53.74, the bulls momentum made the stock top out at $55.515 level for the day. The stock recorded a low of $53.73 and closed the trading day at $55.17, in the green by 4.37%. The total traded volume for the day was 1,267,540. The stock had closed at $52.86 in the previous days trading.

In an insider trading activity, Hellmann John C, director officer (Chief Exec. Officer & Pres.) of Genesee & Wyoming Inc, unloaded 6,848 shares at an average price of $71.78 on November 23, 2015. The total amount of the transaction was worth $491,549, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Genesee & Wyoming Inc. owns and operates short line and regional freight railroads, and provides railcar switching and other rail-related services in the United States, Australia, Canada, the Netherlands and Belgium. The Company operates a longer-haul railroad that runs approximately 1,400 miles between Tarcoola in South Australia and Darwin in the Northern Territory of Australia. As of December 31, 2014, the Company operated in 41 states in the United States, four Australian states, one Australian territory and four Canadian provinces, and provided rail service at 37 ports in North America, Australia and Europe. As of December 31, 2014, the Company operated over approximately 15,600 miles of owned, jointly owned or leased track (inclusive of the Tarcoola to Darwin rail line operated under a concession agreement) and approximately 3,300 additional miles under other contractual track access arrangements.

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