Chart Industries Price Target Increased to $130.00 by Analysts at Northland Securities (GTLS)

Research analysts at Northland Securities boosted their price objective on shares of Chart Industries (NASDAQ:GTLS) from $110.00 to $130.00 in a report released on Tuesday, Analyst Ratings Network.com reports. Northland Securities’ price target suggests a potential upside of 13.40% from the stock’s previous close.

Chart Industries (NASDAQ:GTLS) traded up 0.95% on Tuesday, hitting $115.73. Chart Industries has a 52-week low of $55.89 and a 52-week high of $117.25. The stock’s 50-day moving average is currently $99.46. The company has a market cap of $3.512 billion and a price-to-earnings ratio of 46.83.

Chart Industries (NASDAQ:GTLS) last released its earnings data on Tuesday, July 30th. The company reported $0.77 earnings per share for the quarter, beating the analysts’ 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. On average, analysts predict that Chart Industries will post $3.19 earnings per share for the current fiscal year.

GTLS has been the subject of a number of other recent research reports. Analysts at Northland Capital Partners 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. They now have an “outperform” rating on the stock. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Chart Industries in a research note to investors on Monday, June 10th. Finally, 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.

Six equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $114.67.

Chart Industries, Inc (NASDAQ:GTLS) is a holding company.