Chart Industries, Inc. (NYSE:GTLS) Given Average Rating of “Moderate Buy” by Analysts

Shares of Chart Industries, Inc. (NYSE:GTLS) have earned a consensus rating of “Moderate Buy” from the fourteen ratings firms that are presently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, nine have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $191.54.

Several analysts recently weighed in on GTLS shares. Raymond James reissued a “strong-buy” rating and issued a $190.00 price objective on shares of Chart Industries in a research note on Monday, December 2nd. Citigroup upped their price target on Chart Industries from $190.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday, February 13th. Stifel Nicolaus increased their price target on Chart Industries from $200.00 to $231.00 and gave the company a “buy” rating in a research note on Tuesday, December 31st. BTIG Research lifted their price objective on Chart Industries from $170.00 to $210.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Finally, The Goldman Sachs Group increased their target price on shares of Chart Industries from $138.00 to $201.00 and gave the company a “neutral” rating in a research report on Friday, December 20th.

Institutional Trading of Chart Industries

Several institutional investors and hedge funds have recently modified their holdings of the stock. Capital Analysts LLC bought a new stake in Chart Industries during the fourth quarter worth $25,000. Smartleaf Asset Management LLC grew its stake in shares of Chart Industries by 129.6% in the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 92 shares in the last quarter. Fairway Wealth LLC purchased a new stake in shares of Chart Industries in the fourth quarter valued at about $34,000. Blue Trust Inc. lifted its position in shares of Chart Industries by 56.0% during the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company’s stock valued at $35,000 after purchasing an additional 65 shares in the last quarter. Finally, Spire Wealth Management boosted its holdings in Chart Industries by 183.8% during the fourth quarter. Spire Wealth Management now owns 193 shares of the industrial products company’s stock worth $37,000 after purchasing an additional 125 shares during the last quarter.

Chart Industries Stock Down 4.9 %

NYSE:GTLS opened at $181.86 on Monday. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. Chart Industries has a one year low of $101.60 and a one year high of $220.03. The firm’s 50 day simple moving average is $200.26 and its 200 day simple moving average is $160.54. The company has a market cap of $7.79 billion, a PE ratio of 52.71, a P/E/G ratio of 0.59 and a beta of 1.84.

About Chart Industries

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.