Zacks Rating on Chart Industries (GTLS)

Chart Industries (GTLS) : 4 brokerage houses believe that Chart Industries (GTLS) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Chart Industries (GTLS). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 10 Wall Street Analysts endorse the stock as a Buy with a rating of 2.1.

Chart Industries (GTLS) : 11 investment research analysts covering Chart Industries (GTLS) have an average price target of $28.36 for the near short term. The highest target price given by the Brokerage Firm to the stock is $34 and the lowest target is $20 for the short term. Analysts expect the variance to be within $4.08 of the average price.


Shares of Chart Industries Inc. rose by 3.42% in the last five trading days and 24.66% for the last 4 weeks. Chart Industries Inc. is up 26.21% in the last 3-month period. Year-to-Date the stock performance stands at 75.06%. Chart Industries (NASDAQ:GTLS): stock turned positive on Tuesday. Though the stock opened at $31.45, the bulls momentum made the stock top out at $31.79 level for the day. The stock recorded a low of $31.38 and closed the trading day at $31.44, in the green by 0.51%. The total traded volume for the day was 185,320. The stock had closed at $31.28 in the previous days trading.

Chart Industries, Inc. (Chart) is a diversified manufacturer of engineered equipment engineered equipment for the industrial gas, energy, and biomedical industries. The Companys equipment and engineered systems are used for low-temperature and cryogenic applications. It operates through three segments: Energy & Chemicals (E&C), Distribution & Storage (D&S) and BioMedical. Its products include vacuum insulated containment vessels, heat exchangers, cold boxes and other cryogenic components. Its E&C and D&S segments manufacture products used in energy-related and industrial applications, such as the separation, liquefaction, distribution and storage of hydrocarbon and industrial gases. Through its BioMedical segment, it supplies cryogenic and other equipment used in the medical, biological research and animal breeding industries. The Company, through Thermax, Inc., provides cryogenic fluid vaporizers utilized in industrial gas, petro-chemical and liquefied natural gas applications.

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