Brokerages Set Chart Industries, Inc. (NYSE:GTLS) Price Target at $206.00

Chart Industries, Inc. (NYSE:GTLS) has earned a consensus rating of “Hold” from the sixteen ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $206.00.

GTLS has been the subject of a number of analyst reports. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a research report on Monday, December 29th. JPMorgan Chase & Co. boosted their price target on shares of Chart Industries from $194.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th.

Institutional Investors Weigh In On Chart Industries

Several large investors have recently made changes to their positions in the company. IFP Advisors Inc increased its holdings in shares of Chart Industries by 4.2% in the third quarter. IFP Advisors Inc now owns 1,474 shares of the industrial products company’s stock worth $302,000 after acquiring an additional 59 shares in the last quarter. Archford Capital Strategies LLC lifted its holdings in shares of Chart Industries by 1.7% during the 4th quarter. Archford Capital Strategies LLC now owns 3,667 shares of the industrial products company’s stock valued at $756,000 after purchasing an additional 60 shares in the last quarter. Allworth Financial LP grew its position in shares of Chart Industries by 74.5% in the 2nd quarter. Allworth Financial LP now owns 164 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 70 shares during the period. Savant Capital LLC increased its stake in Chart Industries by 2.0% during the 3rd quarter. Savant Capital LLC now owns 3,584 shares of the industrial products company’s stock worth $717,000 after purchasing an additional 70 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Chart Industries by 95.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 71 shares in the last quarter.

Chart Industries Stock Up 0.0%

NYSE:GTLS opened at $207.41 on Monday. The company has a current ratio of 1.40, a quick ratio of 1.15 and a debt-to-equity ratio of 1.08. The stock has a 50 day moving average of $206.24 and a 200-day moving average of $200.93. The firm has a market capitalization of $9.32 billion, a PE ratio of 252.94, a price-to-earnings-growth ratio of 0.79 and a beta of 1.75. Chart Industries has a 52 week low of $104.60 and a 52 week high of $216.44.

Chart Industries Company Profile

Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.

Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.