Greenbrier Companies Inc. (NYSE:GBX) had its target price lifted by equities research analysts at Cowen and Company from $35.00 to $39.00 in a research note issued to investors on Friday. The brokerage presently has an “outperform” rating on the stock. Cowen and Company’s price objective would indicate a potential upside of 8.18% from the stock’s previous close.

Other equities analysts also recently issued reports about the company. Standpoint Research restated a “buy” rating on shares of Greenbrier Companies in a research note on Wednesday, July 27th. Wells Fargo & Co. restated a “hold” rating and issued a $31.00 target price on shares of Greenbrier Companies in a research note on Monday, September 19th. Zacks Investment Research cut Greenbrier Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 13th. Longbow Research cut Greenbrier Companies from a “buy” rating to a “neutral” rating in a report on Monday, June 20th. Finally, Vetr cut Greenbrier Companies from a “hold” rating to a “sell” rating and set a $35.84 price target on the stock. in a report on Monday. Three analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $35.65.

Analyst Recommendations for Greenbrier Companies (NYSE:GBX)

Shares of Greenbrier Companies (NYSE:GBX) opened at 36.05 on Friday. The firm’s 50-day moving average price is $34.70 and its 200-day moving average price is $31.01. Greenbrier Companies has a one year low of $19.89 and a one year high of $42.04. The firm has a market cap of $1.02 billion, a PE ratio of 5.38 and a beta of 2.46.

In other Greenbrier Companies news, EVP Alejandro Centurion sold 6,000 shares of the company’s stock in a transaction on Friday, July 22nd. The stock was sold at an average price of $31.95, for a total value of $191,700.00. Following the transaction, the executive vice president now owns 12,950 shares of the company’s stock, valued at $413,752.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark J. Rittenbaum sold 5,000 shares of the company’s stock in a transaction on Wednesday, July 20th. The shares were sold at an average price of $32.20, for a total value 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 approximately $3,070,495.40. The disclosure for this sale can be found here. Corporate insiders own 4.60% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Capstone Asset Management Co. boosted its position in Greenbrier Companies by 3.6% in the third quarter. Capstone Asset Management Co. now owns 14,376 shares of the company’s stock valued at $507,000 after buying an additional 500 shares in the last quarter. Teacher Retirement System of Texas boosted its position in Greenbrier Companies by 20.4% in the second quarter. Teacher Retirement System of Texas now owns 3,994 shares of the company’s stock valued at $116,000 after buying an additional 678 shares in the last quarter. Nationwide Fund Advisors boosted its position in Greenbrier Companies by 3.1% in the second quarter. Nationwide Fund Advisors now owns 23,033 shares of the company’s stock valued at $671,000 after buying an additional 693 shares in the last quarter. California State Teachers Retirement System boosted its position in Greenbrier Companies by 1.7% in the second quarter. California State Teachers Retirement System now owns 56,883 shares of the company’s stock valued at $1,657,000 after buying an additional 950 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its position in Greenbrier Companies by 7.2% in the second quarter. Advisors Asset Management Inc. now owns 15,341 shares of the company’s stock valued at $447,000 after buying an additional 1,026 shares in the last quarter. 94.58% of the stock is currently owned by 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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