GMR Solutions (NYSE:GMRS) Upgraded to Strong-Buy at Barclays

GMR Solutions (NYSE:GMRS) was upgraded by investment analysts at Barclays to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other research analysts have also recently weighed in on the stock. Wall Street Zen upgraded shares of GMR Solutions to a “hold” rating in a research note on Saturday, May 23rd. Evercore assumed coverage on shares of GMR Solutions in a research note on Sunday. They set an “outperform” rating and a $20.00 target price on the stock. UBS Group assumed coverage on shares of GMR Solutions in a research note on Monday. They set a “buy” rating and a $20.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on shares of GMR Solutions in a research note on Monday. They set an “overweight” rating and a $15.00 target price on the stock. Finally, Morgan Stanley assumed coverage on shares of GMR Solutions in a research note on Monday. They set an “equal weight” rating and a $14.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $19.22.

GMR Solutions Trading Down 2.1%

Shares of GMR Solutions stock opened at $10.67 on Monday. GMR Solutions has a 1-year low of $10.26 and a 1-year high of $15.00.

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