GMR Solutions (NYSE:GMRS) Upgraded by The Goldman Sachs Group to “Strong-Buy” Rating

The Goldman Sachs Group upgraded shares of GMR Solutions (NYSE:GMRS) to a strong-buy rating in a report published on Monday,Zacks.com reports.

Other equities analysts have also issued research reports about the company. Morgan Stanley initiated coverage on GMR Solutions in a research note on Monday. They issued an “equal weight” rating and a $14.00 price objective on the stock. Evercore raised GMR Solutions to a “strong-buy” rating in a research note on Monday. JPMorgan Chase & Co. initiated coverage on GMR Solutions in a research note on Monday. They issued an “overweight” rating and a $15.00 price objective on the stock. UBS Group initiated coverage on GMR Solutions in a research note on Monday. They issued a “buy” rating and a $20.00 price objective on the stock. Finally, Wall Street Zen raised GMR Solutions to a “hold” rating in a research note on Saturday, May 23rd. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $19.22.

GMR Solutions Trading Down 2.1%

Shares of GMRS stock opened at $10.67 on Monday. GMR Solutions has a one year low of $10.26 and a one year high of $15.00.

GMR Solutions (NYSE:GMRS) last announced its quarterly earnings results on Monday, June 1st. The company reported $999.00 EPS for the quarter. The company had revenue of $1.46 billion during the quarter.