Genesee & Wyoming (GWR) Given a $69.00 Price Target by Morgan Stanley Analysts

Morgan Stanley set a $69.00 target price on Genesee & Wyoming (NYSE:GWR) in a research note published on Friday. The firm currently has a sell rating on the transportation company’s stock.

A number of other equities research analysts also recently commented on the stock. JPMorgan Chase & Co. downgraded shares of Genesee & Wyoming from an overweight rating to a neutral rating in a research report on Friday, October 12th. ValuEngine downgraded shares of Genesee & Wyoming from a buy rating to a hold rating in a research report on Thursday, October 18th. Stephens downgraded shares of Genesee & Wyoming from an overweight rating to an equal weight rating and reduced their price objective for the company from $95.00 to $83.00 in a research report on Thursday, January 3rd. Cowen restated a buy rating and issued a $92.00 price objective on shares of Genesee & Wyoming in a research report on Wednesday, October 31st. Finally, Citigroup downgraded shares of Genesee & Wyoming from a buy rating to a neutral rating in a research report on Tuesday, October 30th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of $86.00.

Shares of NYSE:GWR opened at $79.93 on Friday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.30 and a quick ratio of 1.19. The stock has a market capitalization of $4.73 billion, a P/E ratio of 20.76, a PEG ratio of 1.38 and a beta of 1.60. Genesee & Wyoming has a 52 week low of $67.61 and a 52 week high of $92.91.



Genesee & Wyoming (NYSE:GWR) last announced its quarterly earnings data on Wednesday, February 6th. The transportation company reported $1.00 EPS for the quarter, beating the Zacks’ consensus estimate of $0.89 by $0.11. The firm had revenue of $575.60 million during the quarter, compared to the consensus estimate of $570.71 million. Genesee & Wyoming had a net margin of 10.41% and a return on equity of 6.19%. The firm’s revenue was up .7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.77 earnings per share. On average, sell-side analysts anticipate that Genesee & Wyoming will post 4.42 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of GWR. Northern Trust Corp lifted its position in shares of Genesee & Wyoming by 12.1% during the 2nd quarter. Northern Trust Corp now owns 539,330 shares of the transportation company’s stock valued at $43,858,000 after acquiring an additional 58,230 shares during the period. Bank of Montreal Can lifted its position in shares of Genesee & Wyoming by 99.1% during the 3rd quarter. Bank of Montreal Can now owns 336,361 shares of the transportation company’s stock valued at $30,605,000 after acquiring an additional 167,442 shares during the period. Aperio Group LLC lifted its position in shares of Genesee & Wyoming by 8.8% during the 3rd quarter. Aperio Group LLC now owns 47,544 shares of the transportation company’s stock valued at $4,326,000 after acquiring an additional 3,834 shares during the period. FCA Corp TX acquired a new stake in shares of Genesee & Wyoming during the 3rd quarter valued at approximately $205,000. Finally, TCW Group Inc. lifted its position in shares of Genesee & Wyoming by 4.7% during the 3rd quarter. TCW Group Inc. now owns 27,314 shares of the transportation company’s stock valued at $2,485,000 after acquiring an additional 1,230 shares during the period. Institutional investors own 93.52% of the company’s stock.

Genesee & Wyoming Company Profile

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.

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Analyst Recommendations for Genesee & Wyoming (NYSE:GWR)

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