GMR Solutions (NYSE:GMRS) Stock Rating Upgraded by Zacks Research

GMR Solutions (NYSE:GMRS) was upgraded by Zacks Research to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other research analysts have also recently commented on the company. Evercore upgraded GMR Solutions to a “strong-buy” rating and set a $20.00 price target on the stock in a research note on Monday. Wall Street Zen upgraded GMR Solutions to a “hold” rating in a research note on Saturday, May 23rd. Barclays started coverage on GMR Solutions in a research note on Monday. They issued an “overweight” rating and a $16.00 price objective on the stock. Citigroup started coverage on GMR Solutions in a research note on Sunday. They issued a “buy” rating and a $17.00 price objective on the stock. Finally, JPMorgan Chase & Co. started coverage on GMR Solutions in a research note on Monday. They issued an “overweight” rating and a $15.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, GMR Solutions has a consensus rating of “Moderate Buy” and an average price target of $19.22.

GMR Solutions Price Performance

GMRS stock opened at $13.05 on Tuesday. GMR Solutions has a 1 year low of $10.26 and a 1 year 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 company had revenue of $1.46 billion during the quarter.