The Analyst Landscape: 9 Takes On Chart Industries
Portfolio Pulse from Benzinga Insights
In the last three months, 9 analysts have published ratings on Chart Industries (NYSE:GTLS), with a mix of bullish, somewhat bullish, and indifferent sentiments. The average 12-month price target has increased to $188.78, reflecting a 7.26% rise from the previous average. Analysts have adjusted their ratings and price targets in response to recent developments, with notable actions from firms like Goldman Sachs, Barclays, and Stifel. Despite positive revenue growth, Chart Industries faces challenges in profitability, return on equity, and debt management.
May 28, 2024 | 5:01 pm
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Chart Industries (NYSE:GTLS) has received mixed analyst ratings over the past three months, with a notable increase in the average 12-month price target to $188.78. Analysts from firms like Goldman Sachs and Barclays have adjusted their ratings and price targets, reflecting a cautious optimism. Despite strong revenue growth, the company faces challenges in profitability, return on equity, and debt management.
The mixed analyst ratings and the increase in the average price target suggest a cautiously optimistic outlook for Chart Industries. The company's strong revenue growth is a positive indicator, but challenges in profitability, return on equity, and debt management may temper short-term gains.
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