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

Shares of GMR Solutions Inc. (NYSE:GMRS) have received an average recommendation of “Moderate Buy” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $19.2222.

GMRS has been the subject of a number of research analyst reports. UBS Group initiated coverage on shares of GMR Solutions in a research note on Monday, June 8th. They issued a “buy” rating and a $20.00 price target for the company. Citigroup assumed coverage on shares of GMR Solutions in a research report on Sunday, June 7th. They set a “buy” rating and a $17.00 price objective on the stock. The Goldman Sachs Group assumed coverage on shares of GMR Solutions in a report on Monday, June 8th. They issued a “buy” rating and a $35.00 target price on the stock. Morgan Stanley initiated coverage on shares of GMR Solutions in a research report on Monday, June 8th. They issued an “equal weight” rating and a $14.00 target price for the company. Finally, Wall Street Zen upgraded shares of GMR Solutions to a “hold” rating in a research note on Saturday, May 23rd.

GMR Solutions Price Performance

GMR Solutions stock opened at $13.10 on Tuesday. GMR Solutions has a one year low of $10.26 and a one year high of $15.98. The firm’s fifty day simple moving average is $13.17. The stock has a market capitalization of $707.56 million and a PE ratio of 46.79.

GMR Solutions (NYSE:GMRS) last issued its earnings results on Monday, June 1st. The company reported $0.28 earnings per share for the quarter. The business had revenue of $1.46 billion during the quarter.

GMR Solutions Inc is a healthcare company in the Healthcare Services industry.