UBS Group Upgrades GMR Solutions (NYSE:GMRS) to Strong-Buy

GMR Solutions (NYSE:GMRS) was upgraded by research analysts at UBS Group to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other equities analysts have also issued research reports about the stock. The Goldman Sachs Group assumed coverage on shares of GMR Solutions in a research report on Monday. They issued a “buy” rating and a $35.00 price target on the stock. Evercore raised shares of GMR Solutions to a “strong-buy” rating and set a $20.00 price target on the stock in a research report on Monday. Wall Street Zen raised shares of GMR Solutions to a “hold” rating in a research report on Saturday, May 23rd. Citigroup started coverage on shares of GMR Solutions in a research note on Sunday. They issued a “buy” rating and a $17.00 price objective on the stock. Finally, Barclays started coverage on shares of GMR Solutions in a research note on Monday. They issued an “overweight” rating and a $16.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, GMR Solutions currently has a consensus rating of “Buy” and an average target price of $19.22.

GMR Solutions Stock Up 10.0%

NYSE:GMRS opened at $11.64 on Monday. GMR Solutions has a 12 month low of $10.26 and a 12 month high of $15.00.

GMR Solutions (NYSE:GMRS) last released its quarterly earnings results on Monday, June 1st. The company reported $999.00 EPS for the quarter. The firm had revenue of $1.46 billion during the quarter.