Breaking Down Chart Industries: 4 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Four analysts have recently updated their ratings on Chart Industries (NYSE:GTLS), with an average 12-month price target of $174.75, up from $167.00. The ratings range from neutral to strong buy, with price targets varying from $136.00 to $224.00. Chart Industries, which provides cryogenic equipment and recently acquired Howden, shows strong revenue growth but faces challenges with profitability, asset utilization, and debt management.
January 26, 2024 | 12:00 pm
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Chart Industries has a mixed outlook with strong revenue growth but concerns over profitability and debt. Analysts' ratings and price targets suggest cautious optimism.
The diverse analyst ratings and the recent increase in the average price target suggest cautious optimism, which may lead to a neutral short-term impact on the stock price. The strong revenue growth is a positive sign, but concerns over profitability, asset utilization, and debt management could temper investor enthusiasm.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100