Equities research analysts at Northland Capital Partners raised their target price on shares of Chart Industries (NASDAQ:GTLS) from $110.00 to $130.00 in a research note issued to investors on Tuesday, Analyst Ratings.Net reports. The firm currently has an “outperform” rating on the stock. Northland Capital Partners’ price objective points to a potential upside of 13.40% from the company’s current price.
A number of other firms have also recently commented on GTLS. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of Chart Industries in a research note to investors on Monday, June 10th. Separately, analysts at Raymond James initiated coverage on shares of Chart Industries in a research note to investors on Wednesday, May 22nd. They set an “outperform” rating on the stock. Finally, analysts at BB&T Corp. downgraded shares of Chart Industries from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, May 22nd. They now have a $85.00 price target on the stock. They noted that the move was a valuation call.
Six equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $114.67.
Chart Industries (NASDAQ:GTLS) last announced its earnings results on Tuesday, July 30th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.01. The company had revenue of $298.30 million for the quarter, compared to the consensus estimate of $296.90 million. During the same quarter last year, the company posted $0.57 earnings per share. Chart Industries’s revenue was up 24.3% compared to the same quarter last year. Analysts expect that Chart Industries will post $3.19 EPS for the current fiscal year.
Chart Industries, Inc (NASDAQ:GTLS) is a holding company.
