Greenbrier Companies (NYSE:GBX) Stock Rating Lowered by Wall Street Zen

Greenbrier Companies (NYSE:GBX) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued on Saturday, Wall Street Zen reports.

A number of other analysts have also recently weighed in on the company. Susquehanna cut Greenbrier Companies from a “positive” rating to a “neutral” rating and set a $52.00 price objective for the company. in a research report on Thursday, July 2nd. Weiss Ratings downgraded Greenbrier Companies from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, September 1st. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Greenbrier Companies has a consensus rating of “Reduce” and a consensus price target of $45.00.

Greenbrier Companies Stock Up 0.2%

Shares of GBX opened at $38.16 on Friday. The company has a market cap of $1.18 billion, a price-to-earnings ratio of 11.32 and a beta of 1.45. Greenbrier Companies has a twelve month low of $37.02 and a twelve month high of $59.19. The company has a 50 day moving average of $42.05 and a two-hundred day moving average of $46.47.

Institutional Investors Weigh In On Greenbrier Companies

A number of large investors have recently bought and sold shares of GBX. Atlas FRM LLC acquired a new stake in Greenbrier Companies during the 2nd quarter worth about $38,599,688. Donald Smith & CO. Inc. purchased a new position in shares of Greenbrier Companies during the 2nd quarter valued at about $31,987,000. Deprince Race & Zollo Inc. acquired a new position in shares of Greenbrier Companies in the 1st quarter valued at about $20,312,000. Bank of New York Mellon Corp acquired a new position in shares of Greenbrier Companies in the 2nd quarter valued at about $18,324,000. Finally, Empowered Funds LLC acquired a new position in shares of Greenbrier Companies in the 2nd quarter valued at about $7,009,000. Hedge funds and other institutional investors own 95.59% of the company’s stock.

Greenbrier Companies Company Profile

Greenbrier Companies, Inc is a transportation equipment company that designs, manufactures and supplies freight railcars and related services. Its products include covered hopper cars, tank cars, gondolas, boxcars, intermodal equipment and railcars used to transport automobiles and other specialized cargo.

The company also provides railcar leasing and management services, maintenance, refurbishment, wheel services and parts. Through its manufacturing and service operations, Greenbrier supports railroads, leasing companies, shippers and other participants in the North American freight transportation industry.

Founded in 1974 and headquartered in Lake Oswego, Oregon, Greenbrier has expanded its operations beyond the United States, with manufacturing and service activities serving customers in North America and international markets.