Greenbrier Companies Inc. (NYSE:GBX) was downgraded by Vetr from a “hold” rating to a “sell” rating in a research report issued on Monday. They presently have a $35.84 price target on the stock. Vetr‘s target price suggests a potential downside of 3.14% from the stock’s current price.

A number of other research firms also recently commented on GBX. Zacks Investment Research downgraded shares of Greenbrier Companies from a “hold” rating to a “sell” rating in a research report on Monday, September 19th. Standpoint Research restated a “buy” rating on shares of Greenbrier Companies in a research report on Wednesday, July 27th. Longbow Research downgraded shares of Greenbrier Companies from a “buy” rating to a “neutral” rating in a research report on Monday, June 20th. Wells Fargo & Co. restated a “hold” rating and set a $31.00 price target on shares of Greenbrier Companies in a research report on Monday, September 19th. Finally, Cowen and Company dropped their price target on shares of Greenbrier Companies from $37.00 to $35.00 and set an “outperform” rating on the stock in a research report on Thursday, July 7th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $35.20.

Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

Greenbrier Companies (NYSE:GBX) traded up 1.12% during mid-day trading on Monday, hitting $37.00. 226,897 shares of the stock traded hands. The stock has a 50 day moving average price of $34.54 and a 200 day moving average price of $30.89. Greenbrier Companies has a 12-month low of $19.89 and a 12-month high of $42.04. The firm has a market cap of $1.04 billion, a PE ratio of 5.52 and a beta of 2.46.

In other news, EVP Mark J. Rittenbaum sold 6,250 shares of Greenbrier Companies stock in a transaction that occurred on Tuesday, August 23rd. The shares were sold at an average price of $34.75, for a total value of $217,187.50. Following the transaction, the executive vice president now directly owns 89,107 shares of the company’s stock, valued at $3,096,468.25. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark J. Rittenbaum sold 5,000 shares of Greenbrier Companies stock in a transaction that occurred on Wednesday, July 20th. The stock was sold at an average price of $32.20, for a total transaction of $161,000.00. Following the completion of the transaction, the executive vice president now directly owns 95,357 shares in the company, valued at $3,070,495.40. The disclosure for this sale can be found here. 4.60% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently made changes to their positions in GBX. Vanguard Group Inc. increased its position in shares of Greenbrier Companies by 13.3% in the second quarter. Vanguard Group Inc. now owns 4,386,156 shares of the company’s stock worth $127,769,000 after buying an additional 514,371 shares during the last quarter. BlackRock Fund Advisors increased its position in shares of Greenbrier Companies by 2.3% in the second quarter. BlackRock Fund Advisors now owns 1,698,288 shares of the company’s stock worth $49,471,000 after buying an additional 38,039 shares during the last quarter. Royal Bank of Canada increased its position in shares of Greenbrier Companies by 9.4% in the first quarter. Royal Bank of Canada now owns 1,510,952 shares of the company’s stock worth $41,762,000 after buying an additional 129,483 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Greenbrier Companies by 9.0% in the second quarter. Bank of New York Mellon Corp now owns 660,958 shares of the company’s stock worth $19,254,000 after buying an additional 54,711 shares during the last quarter. Finally, Denver Investment Advisors LLC bought a new position in shares of Greenbrier Companies during the second quarter worth approximately $17,577,000. 94.58% of the stock is currently owned by hedge funds and other institutional investors.

Greenbrier Companies Company Profile

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.

5 Day Chart for NYSE:GBX

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