GMR Solutions (NYSE:GMRS) Stock Rating Upgraded by Zacks Research

GMR Solutions (NYSE:GMRS) was upgraded by Zacks Research to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities analysts have also recently weighed in on GMRS. JPMorgan Chase & Co. assumed coverage on GMR Solutions in a report on Monday. They issued an “overweight” rating and a $15.00 price target for the company. Morgan Stanley assumed coverage on GMR Solutions in a report on Monday. They set an “equal weight” rating and a $14.00 target price for the company. The Goldman Sachs Group assumed coverage on GMR Solutions in a report on Monday. They set a “buy” rating and a $35.00 target price for the company. Evercore raised GMR Solutions to a “strong-buy” rating and set a $20.00 target price for the company in a report on Monday. Finally, Barclays assumed coverage on GMR Solutions in a report on Monday. They set an “overweight” rating and a $16.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $19.22.

GMR Solutions Price Performance

NYSE GMRS opened at $13.05 on Tuesday. GMR Solutions has a twelve month low of $10.26 and a twelve month high of $15.00.

GMR Solutions (NYSE:GMRS) last released its quarterly earnings results on Monday, June 1st. The company reported $999.00 earnings per share for the quarter. The business had revenue of $1.46 billion during the quarter.