Genesee & Wyoming Inc. (NYSE:GWR)’s share price shot up 2.1% on Wednesday . The company traded as high as $64.86 and last traded at $64.25, with a volume of 530,017 shares. The stock had previously closed at $62.92.

A number of brokerages have weighed in on GWR. Cowen and Company restated a “buy” rating on shares of Genesee & Wyoming in a research note on Saturday, April 30th. Stifel Nicolaus lowered Genesee & Wyoming from a “buy” rating to a “hold” rating and set a $70.00 target price on the stock. in a research note on Thursday, May 5th. Deutsche Bank AG upped their target price on Genesee & Wyoming from $64.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, May 3rd. Credit Suisse Group AG restated an “outperform” rating and issued a $65.00 target price (down from $67.00) on shares of Genesee & Wyoming in a research note on Sunday, April 10th. Finally, Bank of America Corp. reiterated a “hold” rating on shares of Genesee & Wyoming in a research report on Sunday, April 17th. Eight investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $69.79.

The firm has a 50 day moving average of $61.00 and a 200-day moving average of $58.13. The firm has a market capitalization of $3.72 billion and a price-to-earnings ratio of 16.34.

Genesee & Wyoming (NYSE:GWR) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.66 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.71 by $0.05. During the same quarter last year, the firm earned $0.83 EPS. The firm earned $482.60 million during the quarter, compared to analyst estimates of $490.52 million. The firm’s quarterly revenue was up 21.6% on a year-over-year basis. On average, equities analysts forecast that Genesee & Wyoming Inc. will post $3.56 earnings per share for the current year.

Several large investors have recently modified their holdings of GWR. OppenheimerFunds Inc. boosted its stake in shares of Genesee & Wyoming by 27.9% in the fourth quarter. OppenheimerFunds Inc. now owns 1,694,427 shares of the company’s stock valued at $90,974,000 after buying an additional 369,245 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Genesee & Wyoming by 1.1% in the fourth quarter. Wells Fargo & Company MN now owns 1,109,234 shares of the company’s stock valued at $59,554,000 after buying an additional 12,172 shares during the period. Victory Capital Management Inc. boosted its stake in shares of Genesee & Wyoming by 26.2% in the fourth quarter. Victory Capital Management Inc. now owns 544,513 shares of the company’s stock valued at $29,235,000 after buying an additional 113,088 shares during the period. Sandhill Capital Partners LLC boosted its stake in shares of Genesee & Wyoming by 44.3% in the fourth quarter. Sandhill Capital Partners LLC now owns 223,585 shares of the company’s stock valued at $12,004,000 after buying an additional 68,640 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Genesee & Wyoming by 12.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 187,075 shares of the company’s stock valued at $10,044,000 after buying an additional 20,277 shares during the period.

Genesee & Wyoming Inc owns and operates over 120 freight railroads across the world, which are organized in approximately 10 regions. The Company operates through three segments, which include North American Operations, Australian Operations and U.K./European Operations. In the United States, the Company has over eight regions, such as Central, Coastal (which includes industrial switching and port operations), Midwest, Mountain West (which includes industrial switching operations), Northeast, Ohio Valley, Pacific and Southern.

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