GMR Solutions (NYSE:GMRS) Upgraded by Barclays to “Strong-Buy” Rating

Barclays upgraded shares of GMR Solutions (NYSE:GMRS) to a strong-buy rating in a research note released on Monday morning,Zacks.com reports.

GMRS has been the topic of several other reports. Evercore assumed coverage on GMR Solutions in a research report on Sunday. They issued an “outperform” rating and a $20.00 target price on the stock. Morgan Stanley assumed coverage on GMR Solutions in a research report on Monday. They issued an “equal weight” rating and a $14.00 target price on the stock. The Goldman Sachs Group assumed coverage on GMR Solutions in a research report on Monday. They issued a “buy” rating and a $35.00 target price on the stock. Citigroup assumed coverage on GMR Solutions in a research report on Sunday. They issued a “buy” rating and a $17.00 target price on the stock. Finally, Wall Street Zen raised GMR Solutions to a “hold” rating in a research report on Saturday, May 23rd. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, GMR Solutions has a consensus rating of “Buy” and an average target price of $19.22.

GMR Solutions Trading Down 2.1%

GMRS stock opened at $10.67 on Monday. GMR Solutions has a 12-month low of $10.26 and a 12-month high of $15.00.

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