Jefferies Assumes Greenbrier Companies (GBX) at Hold
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Price: $45.44 -1.22%
Rating Summary:
5 Buy, 5 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
5 Buy, 5 Hold, 6 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies assumes coverage on Greenbrier Companies (NYSE: GBX) with a Hold rating and $22 price target.
The firm states, "We believe railcars are in a multi-year upcycle, although consensus appears 14%-15% too high based on the upcoming convert dilution, as well as high expectations for a rapid production ramp and significant near-term margin expansion."
For more ratings news on Greenbrier Companies click here and for the rating history of Greenbrier Companies click here.
Shares of Greenbrier Companies closed at $20.35 yesterday.
The firm states, "We believe railcars are in a multi-year upcycle, although consensus appears 14%-15% too high based on the upcoming convert dilution, as well as high expectations for a rapid production ramp and significant near-term margin expansion."
For more ratings news on Greenbrier Companies click here and for the rating history of Greenbrier Companies click here.
Shares of Greenbrier Companies closed at $20.35 yesterday.
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