GMR Solutions Inc. (NYSE:GMRS) Given Average Rating of “Moderate Buy” by Brokerages

Shares of GMR Solutions Inc. (NYSE:GMRS) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $22.25.

A number of analysts have recently issued reports on the company. Barclays assumed coverage on GMR Solutions in a research report on Monday. They set an “overweight” rating on the stock. Citigroup initiated coverage on GMR Solutions in a research report on Sunday. They issued a “buy” rating on the stock. Wall Street Zen upgraded GMR Solutions to a “hold” rating in a research report on Saturday, May 23rd. The Goldman Sachs Group set a $35.00 price target on GMR Solutions and gave the company a “buy” rating in a research report on Monday. Finally, Evercore initiated coverage on GMR Solutions in a research report on Sunday. They issued an “outperform” rating and a $20.00 price target on the stock.

GMR Solutions Price Performance

Shares of GMRS stock opened at $10.94 on Monday. GMR Solutions has a 12 month low of $10.26 and a 12 month high of $15.00.

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