Credit Agricole SA Initiates Coverage on Gatx Corp. (GATX)

Equities researchers at Credit Agricole SA started coverage on shares of Gatx Corp. (NYSE:GATX) in a report issued on Friday. The firm set an “underperform” rating and a $45.00 price target on the stock. Credit Agricole SA’s price objective would suggest a potential upside of 1.83% from the stock’s current price.

Analyst Recommendations for Gatx Corp. (NYSE:GATX)

Gatx Corp. (NYSE:GATX) opened at 44.19 on Friday. Gatx Corp. has a 12-month low of $33.53 and a 12-month high of $52.02. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 8.18 and a beta of 1.19. The company’s 50-day moving average price is $43.15 and its 200-day moving average price is $45.11.

Gatx Corp. Company Profile

GATX Corporation is a railcar lessor, owning fleets in North America, Europe and Asia. The Company operates through four segments: Rail North America, Rail International, American Steamship Company (ASC) and Portfolio Management. Rail North America provides railcars pursuant to full-service leases under which it maintains the railcars, pays ad valorem taxes and insurance, and provides other ancillary services.

5 Day Chart for NYSE:GATX

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