Greenbrier and Mitsubishi UFJ Lease & Finance (MUL) Sign Agreement for more than $1.0 Billion in Railcar Business in North America
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Greenbrier Companies (GBX) PT Raised to $48 at Stifel Following 2Q and MUL Deal Expansion
April 7, 2017 7:03 AM EDTStifel raised its price target on Greenbrier Companies (NYSE: GBX) to $48.00 (from $43.00) while maintaining a Hold rating following 2Q report and MUL deal expansion. The expansion to the deal is potentially highly accretive. Analyst Michael Baudendiste estimates that the deal could be $0.82-$1.06 accretive annually... More
Greenbrier Companies (GBX) PT Raised to $57 at Cowen After Adjusting Estimates
April 6, 2017 5:19 PM EDTCowen raised its price target on Greenbrier Companies (NYSE: GBX) to $57.00 (from $50.00) while maintaining a Outperform rating.
Cowen raised FY18 EPS estimates to $3.40, from $3.20 previously. New FY18 railcar production estimates for GBX is 14,200 units, including deliveries to Mitsubishi UFJ Lease & Finance. FY17E EPS of $3.55 was maintained.
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