Cowen & Co. Thinks Greenbrier’s Stock is Going to Recover

By Ryan Adsit

In a report released today, Matt Elkott from Cowen & Co. maintained a Buy rating on Greenbrier (GBXResearch Report), with a price target of $49. The company’s shares opened today at $32.11, close to its 52-week low of $31.12.

Elkott has an average return of 6.5% when recommending Greenbrier.

According to TipRanks.com, Elkott is ranked #1152 out of 5175 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Greenbrier with a $41.75 average price target, a 30.0% upside from current levels. In a report issued on March 29, Stifel Nicolaus also maintained a Buy rating on the stock with a $42 price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $64.87 and a one-year low of $31.12. Currently, Greenbrier has an average volume of 445.9K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.