Greenbrier Companies (The) (NYSE:GBX) : 3 brokerage houses believe that Greenbrier Companies (The) (NYSE:GBX) is a Strong Buy at current levels. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Greenbrier Companies (The) (NYSE:GBX). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 9 Wall Street Analysts endorse the stock as a Hold with a rating of 2.56.
Greenbrier Companies (The) (NYSE:GBX) stock is expected to deviate a maximum of $7.71 from the average target price of $35.17 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $45 and the most muted being $25.
Company shares have received an average consensus rating of Hold for the current week
Greenbrier Companies (The) (NYSE:GBX): stock turned positive on Tuesday. Though the stock opened at $26.5, the bulls momentum made the stock top out at $27.37 level for the day. The stock recorded a low of $26.5 and closed the trading day at $27.29, in the green by 4.52%. The total traded volume for the day was 817,959. The stock had closed at $26.11 in the previous days trading.
In an insider trading activity,The officer (EVP,Commercial,Leasing,Finance) of Greenbrier Companies Inc, Rittenbaum Mark J sold 2,135 shares at $28.39 on June 2, 2016. The Insider selling transaction had a total value worth of $60,613. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
The Greenbrier Companies, Inc. (Greenbrier), formerly Greenbrier Co Inc. is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe, a manufacturer and marketer of ocean-going marine barges in North America and a provider of wheel services, railcar refurbishment and parts, leasing and other services. The Companys Manufacturing segment produces double-stack intermodal railcars, conventional railcars, tank cars and marine vessels. The Wheel Services, Refurbishment & Parts segment performs wheel, axle and bearing servicing; railcar repair, refurbishment and maintenance activities, and production and reconditioning of a range of parts for the railroad industry in North America. The Leasing & Services segment owns approximately 11,000 railcars and provides management services for approximately 219,000 railcars for railroads, shippers, carriers, institutional investors and other leasing and transportation companies in North America.