Seaport Global analyst Walter Liptak reiterated a Buy rating on Chart Industries (GTLS – Research Report) today and set a price target of $127.92. The company’s shares closed yesterday at $127.92.
Liptak covers the Industrials sector, focusing on stocks such as Chart Industries, Dover, and Gibraltar Industries. According to TipRanks, Liptak has an average return of 10.5% and a 60.48% success rate on recommended stocks.
Currently, the analyst consensus on Chart Industries is a Moderate Buy with an average price target of $174.49.
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GTLS market cap is currently $5.43B and has a P/E ratio of -76.58.
Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GTLS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Chart Industries (GTLS) Company Description:
Chart Industries, Inc. engages in the manufacturing of engineered equipment for the industrial gas, energy, and biomedical industries. It operates through the following business segments: Energy and Chemicals Cryogenics, Distribution and Storage Western Hemisphere, Distribution & Storage Eastern Hemisphere, and Energy and Chemicals FinFans. The Energy and Chemicals Cryogenics segment supplies engineered equipment and technology-driven process systems used in the separation, liquefaction, and purification of hydrocarbon and industrial gases. The Distribution and Storage Western and Eastern Hemisphere segment designs, manufactures, and services cryogenic solutions for the storage and delivery of cryogenic liquids used in industrial gas and LNG applications in different geographical regions. The Energy and Chemicals FinFans facilitates major natural gas, petrochemical processing, petroleum refining, power generation and industrial gas companies in the production of their products. The company was founded in 1992 and is headquartered in Ball Ground, GA.
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