Cowen & Co. Reaffirms Their Buy Rating on Greenbrier (GBX)

In a report released today, Matt Elkott from Cowen & Co. maintained a Buy rating on Greenbrier (GBXResearch Report), with a price target of $38.00. The company’s shares closed last Monday at $31.38.

According to TipRanks.com, Elkott is a 4-star analyst with an average return of 6.9% and a 47.3% success rate. Elkott covers the Industrial Goods sector, focusing on stocks such as Westinghouse Air Brake Technologies Corporation, Freightcar America, and Trinity Industries.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Greenbrier with a $40.00 average price target.

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The company has a one-year high of $52.44 and a one-year low of $21.30. Currently, Greenbrier has an average volume of 380.7K.

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Greenbrier Cos., Inc. engages in the design, manufacture, and marketing of railroad freight car equipment. It operates through the following segments: Manufacturing; Wheels and Parts; and Leasing and Services. The Manufacturing segment includes double-stack intermodal railcars, tank cars, and marine vessels.