Genesee & Wyoming Inc (NYSE:GWR) Given Average Recommendation of “Hold” by Analysts

Genesee & Wyoming Inc (NYSE:GWR) has been given a consensus rating of “Hold” by the eleven research firms that are currently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $102.81.

GWR has been the topic of a number of research analyst reports. Credit Suisse Group raised Genesee & Wyoming from an “underperform” rating to a “neutral” rating and lifted their target price for the stock from $75.00 to $112.00 in a report on Monday, July 1st. Zacks Investment Research lowered Genesee & Wyoming from a “hold” rating to a “sell” rating and set a $114.00 target price on the stock. in a report on Tuesday, July 2nd. ValuEngine raised Genesee & Wyoming from a “hold” rating to a “buy” rating in a report on Friday, May 3rd. Stifel Nicolaus lowered Genesee & Wyoming from a “buy” rating to a “hold” rating and set a $112.00 target price on the stock. in a report on Monday, July 1st. Finally, Bank of America lowered Genesee & Wyoming from a “neutral” rating to an “underperform” rating and set a $88.65 target price on the stock. in a report on Tuesday, April 30th.

NYSE:GWR traded up $0.12 during mid-day trading on Friday, reaching $109.99. 16,394 shares of the stock were exchanged, compared to its average volume of 1,111,611. The business’s fifty day moving average price is $108.51. The company has a market cap of $6.25 billion, a price-to-earnings ratio of 28.57 and a beta of 1.33. Genesee & Wyoming has a 1-year low of $68.27 and a 1-year high of $110.72. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 0.62.

A number of institutional investors and hedge funds have recently modified their holdings of GWR. Twin Securities Inc. acquired a new stake in shares of Genesee & Wyoming during the 2nd quarter valued at about $1,500,000. Nuveen Asset Management LLC lifted its holdings in shares of Genesee & Wyoming by 39.8% during the 2nd quarter. Nuveen Asset Management LLC now owns 638,012 shares of the transportation company’s stock valued at $63,801,000 after buying an additional 181,580 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Genesee & Wyoming by 9.8% during the 2nd quarter. Victory Capital Management Inc. now owns 322,132 shares of the transportation company’s stock valued at $32,213,000 after buying an additional 28,781 shares during the last quarter. UBS Asset Management Americas Inc. lifted its holdings in shares of Genesee & Wyoming by 3.6% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 78,835 shares of the transportation company’s stock valued at $7,884,000 after buying an additional 2,773 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its holdings in shares of Genesee & Wyoming by 604.8% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 296,589 shares of the transportation company’s stock valued at $29,659,000 after buying an additional 254,509 shares during the last quarter. 90.61% of the stock is currently owned by hedge funds and other institutional investors.

About Genesee & Wyoming

Genesee & Wyoming Inc owns and leases freight railroads. It operates through three segments: North American Operations, Australian Operations, and U.K./European Operations. The company transports various commodities, including agricultural products, autos and auto parts, chemicals and plastics, coal and coke, food and kindred products, lumber and forest products, metallic ores, metals, minerals and stone, petroleum products, pulp and paper, waste, and other commodities.

Further Reading: Calculating net profit and net profit margin ratio

Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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