GMR Solutions (NYSE:GMRS) Raised to “Strong-Buy” at Evercore

GMR Solutions (NYSE:GMRS) was upgraded by investment analysts at Evercore to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other research analysts have also recently issued reports on the stock. UBS Group began coverage on shares of GMR Solutions in a report on Monday. They issued a “buy” rating and a $20.00 price target for the company. The Goldman Sachs Group began coverage on shares of GMR Solutions in a report on Monday. They issued a “buy” rating and a $35.00 price target for the company. Bank of America began coverage on shares of GMR Solutions in a report on Monday. They issued a “buy” rating and a $18.00 price target for the company. JPMorgan Chase & Co. began coverage on shares of GMR Solutions in a report on Monday. They issued an “overweight” rating and a $15.00 price target for the company. Finally, Citigroup began coverage on shares of GMR Solutions in a report on Sunday. They issued a “buy” rating and a $17.00 price target for the company. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $19.22.

GMR Solutions Trading Down 2.1%

Shares of GMRS opened at $10.67 on Monday. GMR Solutions has a twelve month low of $10.26 and a twelve month high of $15.00.

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