Cowen and Company reissued their outperform rating on shares of Greenbrier Companies, Inc. (The) (NYSE:GBX) in a research note published on Thursday morning. The firm currently has a $58.00 target price on the transportation company’s stock, up from their previous target price of $57.00.

Other equities research analysts have also recently issued reports about the stock. Bank of America Corporation raised shares of Greenbrier Companies, Inc. (The) from a neutral rating to a buy rating and lifted their price objective for the stock from $49.00 to $59.00 in a research report on Tuesday, July 4th. Stifel Nicolaus raised shares of Greenbrier Companies, Inc. (The) from a hold rating to a buy rating and lifted their price objective for the stock from $48.00 to $51.00 in a research report on Monday, July 17th. Zacks Investment Research raised shares of Greenbrier Companies, Inc. (The) from a hold rating to a buy rating and set a $48.00 price objective for the company in a research report on Tuesday, August 29th. BidaskClub raised shares of Greenbrier Companies, Inc. (The) from a sell rating to a hold rating in a research report on Monday, August 14th. Finally, Buckingham Research initiated coverage on shares of Greenbrier Companies, Inc. (The) in a research report on Wednesday, June 21st. They issued a neutral rating and a $45.00 price target for the company. Four research analysts have rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and two have given a strong buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of $51.36.

Shares of Greenbrier Companies, Inc. (NYSE:GBX) traded down 1.08% during mid-day trading on Thursday, hitting $50.25. The stock had a trading volume of 404,119 shares. The stock’s 50-day moving average is $44.80 and its 200 day moving average is $44.99. Greenbrier Companies, Inc. has a 12 month low of $28.95 and a 12 month high of $52.00. The firm has a market cap of $1.43 billion, a PE ratio of 12.68 and a beta of 1.91.

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In other Greenbrier Companies, Inc. (The) news, VP Anne Manning sold 6,000 shares of Greenbrier Companies, Inc. (The) stock in a transaction on Monday, August 14th. The shares were sold at an average price of $46.55, for a total value of $279,300.00. Following the transaction, the vice president now directly owns 11,939 shares in the company, valued at $555,760.45. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Alejandro Centurion sold 3,000 shares of Greenbrier Companies, Inc. (The) stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of $43.30, for a total transaction of $129,900.00. Following the completion of the transaction, the executive vice president now owns 17,583 shares in the company, valued at $761,343.90. The disclosure for this sale can be found here. Over the last three months, insiders sold 16,740 shares of company stock valued at $765,870. 4.60% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of GBX. Dalton Greiner Hartman Maher & Co. acquired a new position in Greenbrier Companies, Inc. (The) in the second quarter valued at $16,001,000. Vanguard Group Inc. increased its stake in Greenbrier Companies, Inc. (The) by 7.1% in the first quarter. Vanguard Group Inc. now owns 5,200,115 shares of the transportation company’s stock valued at $224,125,000 after purchasing an additional 343,139 shares during the period. Schroder Investment Management Group increased its stake in Greenbrier Companies, Inc. (The) by 35.5% in the second quarter. Schroder Investment Management Group now owns 1,065,422 shares of the transportation company’s stock valued at $51,407,000 after purchasing an additional 279,137 shares during the period. LSV Asset Management increased its stake in Greenbrier Companies, Inc. (The) by 261.9% in the second quarter. LSV Asset Management now owns 289,900 shares of the transportation company’s stock valued at $13,407,000 after purchasing an additional 209,800 shares during the period. Finally, Brandywine Global Investment Management LLC increased its stake in Greenbrier Companies, Inc. (The) by 106.9% in the second quarter. Brandywine Global Investment Management LLC now owns 229,301 shares of the transportation company’s stock valued at $10,606,000 after purchasing an additional 118,476 shares during the period.

Greenbrier Companies, Inc. (The) Company Profile

The Greenbrier Companies, Inc is a designer, manufacturer and marketer of railroad freight car equipment in North America and Europe; a manufacturer and marketer of marine barges in North America; a provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America, and a provider of railcar repair, refurbishment and retrofitting services in North America through a joint venture partnership.

Analyst Recommendations for Greenbrier Companies, Inc. (The) (NYSE:GBX)

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