Greenbrier (GBX) Receives a Buy from Cowen & Co.

By Jason Carr

Cowen & Co. analyst Matt Elkott maintained a Buy rating on Greenbrier (GBXResearch Report) today and set a price target of $65. The company’s shares closed yesterday at $42.34.

Elkott has an average return of 15.4% when recommending Greenbrier.

According to, Elkott is ranked #917 out of 5135 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Greenbrier with a $58.71 average price target.

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Based on Greenbrier’s latest earnings release for the quarter ending August 31, the company reported a quarterly net profit of $30.94 million. In comparison, last year the company had a net profit of $26.25 million.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock.

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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.