Genesee & Wyoming (NYSE:GWR) had its price objective reduced by equities researchers at Credit Suisse Group from $94.00 to $80.00 in a research note issued to investors on Monday. The brokerage presently has an “outperform” rating on the transportation company’s stock. Credit Suisse Group’s price objective would indicate a potential upside of 13.62% from the stock’s current price.

Other research analysts have also issued reports about the company. JPMorgan Chase & Co. began coverage on Genesee & Wyoming in a report on Tuesday, January 9th. They set an “overweight” rating on the stock. Bank of America lowered their price target on Genesee & Wyoming from $89.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, February 9th. Citigroup lowered their price target on Genesee & Wyoming from $97.00 to $84.00 and set a “buy” rating on the stock in a report on Friday, February 9th. Zacks Investment Research lowered Genesee & Wyoming from a “buy” rating to a “hold” rating in a report on Friday, February 9th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $76.00 price target on shares of Genesee & Wyoming in a report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. Genesee & Wyoming has a consensus rating of “Hold” and an average price target of $81.83.

Genesee & Wyoming (NYSE GWR) opened at $70.41 on Monday. The company has a market capitalization of $4,341.30, a price-to-earnings ratio of 8.03, a PEG ratio of 2.05 and a beta of 1.71. The company has a current ratio of 1.26, a quick ratio of 1.14 and a debt-to-equity ratio of 0.59. Genesee & Wyoming has a fifty-two week low of $61.44 and a fifty-two week high of $84.40.

Genesee & Wyoming (NYSE:GWR) last issued its quarterly earnings results on Thursday, February 8th. The transportation company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.02. The company had revenue of $571.60 million for the quarter, compared to analyst estimates of $566.73 million. Genesee & Wyoming had a return on equity of 5.23% and a net margin of 24.87%. The company’s quarterly revenue was up 10.7% compared to the same quarter last year. During the same period last year, the company earned $0.99 earnings per share. sell-side analysts predict that Genesee & Wyoming will post 3.8 EPS for the current fiscal year.

In related news, insider John C. Hellmann sold 12,332 shares of the firm’s stock in a transaction dated Monday, November 27th. The stock was sold at an average price of $73.71, for a total transaction of $908,991.72. Following the completion of the transaction, the insider now owns 404,076 shares of the company’s stock, valued at $29,784,441.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 3.45% of the company’s stock.

A number of hedge funds have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. boosted its stake in Genesee & Wyoming by 1.9% during the second quarter. Ameritas Investment Partners Inc. now owns 18,411 shares of the transportation company’s stock valued at $1,259,000 after buying an additional 341 shares in the last quarter. UBS Asset Management Americas Inc. boosted its stake in Genesee & Wyoming by 1.7% during the fourth quarter. UBS Asset Management Americas Inc. now owns 47,009 shares of the transportation company’s stock valued at $3,701,000 after buying an additional 786 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in Genesee & Wyoming by 1.7% during the fourth quarter. Mutual of America Capital Management LLC now owns 50,291 shares of the transportation company’s stock valued at $3,959,000 after buying an additional 838 shares in the last quarter. First Mercantile Trust Co. boosted its stake in Genesee & Wyoming by 23.5% during the fourth quarter. First Mercantile Trust Co. now owns 4,750 shares of the transportation company’s stock valued at $374,000 after buying an additional 905 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Genesee & Wyoming by 10.1% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,940 shares of the transportation company’s stock valued at $810,000 after buying an additional 1,007 shares in the last quarter. 95.65% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: This report was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another site, it was stolen and republished in violation of US & international trademark & copyright law. The original version of this report can be accessed at https://www.thecerbatgem.com/2018/02/14/genesee-wyoming-gwr-price-target-lowered-to-80-00-at-credit-suisse-group.html.

Genesee & Wyoming Company Profile

Genesee & Wyoming Inc owns and operates freight railroads across the world. As of December 31, 2016, the Company owned or leased 122 freight railroads worldwide that are organized in 10 operating regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations.

Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

Receive News & Ratings for Genesee & Wyoming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genesee & Wyoming and related companies with MarketBeat.com's FREE daily email newsletter.