Genesee & Wyoming (GWR) stock is expected to deviate a maximum of $4.04 from the average target price of $71.43 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $78 and the most muted being $67.
Genesee & Wyoming (GWR) : The consensus on Genesee & Wyoming (GWR) based on 8 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Genesee & Wyoming (NYSE:GWR): The stock opened at $68.24 on Thursday but the bulls could not build on the opening and the stock topped out at $68.74 for the day. The stock traded down to $66.88 during the day, due to lack of any buying support eventually closed down at $67.49 with a loss of -0.74% for the day. The stock had closed at $67.99 on the previous day. The total traded volume was 279,620 shares.
Genesee & Wyoming Inc. owns and operates short line and regional freight railroads, and provides railcar switching and other rail-related services in the United States, Australia, Canada, the Netherlands and Belgium. The Company operates a longer-haul railroad that runs approximately 1,400 miles between Tarcoola in South Australia and Darwin in the Northern Territory of Australia. As of December 31, 2014, the Company operated in 41 states in the United States, four Australian states, one Australian territory and four Canadian provinces, and provided rail service at 37 ports in North America, Australia and Europe. As of December 31, 2014, the Company operated over approximately 15,600 miles of owned, jointly owned or leased track (inclusive of the Tarcoola to Darwin rail line operated under a concession agreement) and approximately 3,300 additional miles under other contractual track access arrangements.