Chart Industries, Inc. (NYSE:GTLS) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Chart Industries, Inc. (NYSE:GTLS) have been given an average recommendation of “Moderate Buy” by the fourteen research firms that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $191.54.

Several equities analysts recently weighed in on the stock. Citigroup increased their price target on shares of Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Barclays reduced their target price on shares of Chart Industries from $146.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, November 4th. Craig Hallum lifted their price target on shares of Chart Industries from $199.00 to $207.00 and gave the stock a “buy” rating in a report on Monday, November 4th. BTIG Research increased their price objective on Chart Industries from $170.00 to $210.00 and gave the company a “buy” rating in a report on Monday, December 16th. Finally, The Goldman Sachs Group boosted their target price on Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research note on Friday, December 20th.

Chart Industries Stock Down 4.9 %

Shares of NYSE:GTLS opened at $181.86 on Monday. Chart Industries has a 1 year low of $101.60 and a 1 year high of $220.03. The company has a market capitalization of $7.79 billion, a PE ratio of 52.71, a price-to-earnings-growth ratio of 0.59 and a beta of 1.84. The business has a fifty day moving average price of $200.26 and a two-hundred day moving average price of $160.54. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in GTLS. Vanguard Group Inc. lifted its holdings in shares of Chart Industries by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 4,297,398 shares of the industrial products company’s stock worth $820,115,000 after buying an additional 59,889 shares in the last quarter. Janus Henderson Group PLC increased its holdings in Chart Industries by 2.2% during the 4th quarter. Janus Henderson Group PLC now owns 1,608,883 shares of the industrial products company’s stock worth $307,046,000 after acquiring an additional 35,004 shares during the period. Dimensional Fund Advisors LP lifted its stake in Chart Industries by 37.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,064,637 shares of the industrial products company’s stock worth $203,178,000 after purchasing an additional 291,520 shares in the last quarter. King Luther Capital Management Corp boosted its holdings in Chart Industries by 2.9% in the 3rd quarter. King Luther Capital Management Corp now owns 1,031,897 shares of the industrial products company’s stock valued at $128,100,000 after purchasing an additional 29,139 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Chart Industries by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 993,199 shares of the industrial products company’s stock valued at $123,318,000 after purchasing an additional 19,534 shares in the last quarter.

About Chart Industries

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.