Greenbrier Cos. (GBX) Appoints Antonio Garza and James R. Huffines to its Board

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Buy the Dip: Greenbrier (GBX) Double-Upgraded to 'Buy' at BofA, Shares Gain

July 12, 2021 9:36 AM EDT

Shares of The Greenbrier Companies (NYSE: GBX) are up 4% in early trading Monday after BofA Securities analyst Ken Hoexter double-upgraded the stock to Buy from Underperform.

The analyst also raised the price target to $52.00 per share from $45.00 per share on improving macro conditions. For Hoexter, a recent pullback in the stock price offers a buying opportunity.

We view concerns about decelerating macro growth as more impactful to freight flows than to GBX results. As demand for new railcars lags the recovery in freight, we... More

BofA Securities Double Upgrades Greenbrier Companies (GBX) to Buy

July 12, 2021 6:05 AM EDT

(Updated - July 12, 2021 6:11 AM EDT)

BofA Securities analyst Ken Hoexter upgraded Greenbrier Companies (NYSE: GBX) from Underperform to Buy with a price target of $52.00 (from $45.00).

The analyst comments "We are double upgrading GBX shares to Buy from Underperform as we lift our PO to $52 from $45 reflecting a target PE of 15x our revised F2022 EPS estimate of $3.40 from... More

Greenbrier Companies (GBX) PT Raised to $47 at Stephens, Following Earnings

July 9, 2021 3:58 PM EDT

Stephens analyst Justin Long raised the price target on Greenbrier Companies (NYSE: GBX) to $47.00 (from $42.00) while maintaining a Equal Weight rating.

... More

Greenbrier Cos. (GBX) Tops Q3 EPS by 56c, Revenue Misses

July 9, 2021 6:11 AM EDT

Greenbrier Cos. (NYSE: GBX) reported Q3 EPS of $0.69, $0.56 better than the analyst estimate of $0.13. Revenue for the quarter came in at $450.1 million versus the consensus estimate of $489.44 million.

Looking ahead, Greenbrier expects the fourth quarter to be the strongest performance of the... More