Shares of Chart Industries, Inc. (NYSE:GTLS – Get Free Report) have received an average rating of “Reduce” from the thirteen analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation and eleven have issued a hold recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $201.80.
A number of research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Chart Industries in a report on Friday, March 27th. Zacks Research cut Chart Industries from a “hold” rating to a “strong sell” rating in a report on Monday, April 27th. Finally, Wall Street Zen cut Chart Industries from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th.
View Our Latest Research Report on GTLS
Chart Industries Stock Performance
Institutional Investors Weigh In On Chart Industries
Hedge funds and other institutional investors have recently made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in shares of Chart Industries by 95.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 145 shares of the industrial products company’s stock valued at $29,000 after buying an additional 71 shares during the period. Torren Management LLC acquired a new stake in shares of Chart Industries in the 4th quarter valued at $30,000. MCF Advisors LLC acquired a new stake in shares of Chart Industries in the 4th quarter valued at $41,000. Los Angeles Capital Management LLC acquired a new stake in shares of Chart Industries in the 4th quarter valued at $40,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Chart Industries by 44.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 223 shares of the industrial products company’s stock valued at $46,000 after buying an additional 69 shares during the period.
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.
Featured Stories
- Five stocks we like better than Chart Industries
- Time to Sell? 3 Winners With Fading Technical Momentum
- Why These 2 Hotel Stocks Are Beating Travel Peers
- This Energy Stock Has Quietly Soared 130% in a Year
- 3 ‘Boring’ Dividend Stocks With Tasty Technical Setups
Receive News & Ratings for Chart Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chart Industries and related companies with MarketBeat.com's FREE daily email newsletter.
