KeyBanc analysts on Wednesday raised his greenbrier rating to "buy" investment rating from "hold," and pointed to the train company to improve the product structure, improve its insights into the prospects for a long time.
Also set the $27 price target for the company's Steve says, he thinks greenbrier the recovery tank car order. In addition, the company plans to improve profitability and free capital as much as $10 billion, by the end of fiscal year 2014 sale of assets, can achieve even more than that, "he said.
Last week, greenbrier, despite better-than-expected fiscal second quarter profits fell short of expectations, income. The company also said it expects its 2013 earnings for the fiscal year and roughly equal levels of fiscal 2012.
Bargh says, adding that he believes the crocodile-lined shores, Oregon company management "motivated", in order to enhance returns, and improve the company's stock price.
"We admit, greenbrier's execution has been in the past, but we think a more focused on the combination of the management team, improve the tanks orders and greenbrier of relative and absolute valuation compelling potential of the shares, while speculative in nature," bargh wrote in a report, to investors.
The analyst says, if the performance started to improve are consistent with the goals of the company, other analysts may begin to increase, estimates and price target, and may increase the company.
Greenbrier strands of $21.91 a day (Tuesday). Its stock price hit a 52-week $23.08 on Wednesday. They are increased by 67%, from their year low of $13.10, last may.
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