GMR Solutions Inc. (NYSE:GMRS) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of GMR Solutions Inc. (NYSE:GMRS) have been given a consensus rating of “Moderate Buy” by the nine ratings firms that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $19.2222.

Several research analysts have recently weighed in on GMRS shares. Citigroup initiated coverage on shares of GMR Solutions in a report on Sunday, June 7th. They issued a “buy” rating and a $17.00 price target for the company. Bank of America started coverage on shares of GMR Solutions in a research note on Monday, June 8th. They issued a “buy” rating and a $18.00 target price for the company. Barclays assumed coverage on GMR Solutions in a research note on Monday, June 8th. They issued an “overweight” rating and a $16.00 price target on the stock. Evercore raised GMR Solutions to a “strong-buy” rating and set a $20.00 price objective for the company in a research report on Monday, June 8th. Finally, JPMorgan Chase & Co. assumed coverage on GMR Solutions in a research report on Monday, June 8th. They issued an “overweight” rating and a $15.00 target price on the stock.

GMR Solutions Trading Up 2.7%

NYSE:GMRS opened at $14.77 on Friday. GMR Solutions has a fifty-two week low of $10.26 and a fifty-two week high of $15.54. The stock has a market cap of $797.76 million and a PE ratio of 52.75.

GMR Solutions (NYSE:GMRS) last posted its earnings results on Monday, June 1st. The company reported $0.28 earnings per share (EPS) for the quarter. The business had revenue of $1.46 billion for the quarter.