Investment analysts at Craig Hallum raised their price objective on shares of Chart Industries (NASDAQ:GTLS) to $150.00 in a note issued to investors on Wednesday, Stock Ratings Network reports. Craig Hallum’s price objective points to a potential upside of 30.84% from the company’s current price.
A number of other firms have also recently commented on GTLS. Analysts at Morgan Stanley downgraded shares of Chart Industries from an “overweight” rating to an “equal weight” rating in a research note to investors on Wednesday, July 31st. They now have a $120.00 price target on the stock, up previously from $110.00. They noted that the move was a valuation call. Separately, analysts at Global Hunter Securities downgraded shares of Chart Industries from an “accumulate” rating to a “neutral” rating in a research note to investors on Wednesday, July 31st. They now have a $115.00 price target on the stock, up previously from $90.00. Finally, analysts at Northland Securities raised their price target on shares of Chart Industries from $110.00 to $130.00 in a research note to investors on Tuesday, July 30th.
Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $114.67.
Chart Industries (NASDAQ:GTLS) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.77 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.57 earnings per share. The company’s quarterly revenue was up 24.3% on a year-over-year basis. Analysts expect that Chart Industries will post $3.19 EPS for the current fiscal year.
Chart Industries, Inc (NASDAQ:GTLS) is a holding company.
