Craig-Hallum analyst Eric Stine maintained a Buy rating on Chart Industries (GTLS – Research Report) today. The company’s shares closed last Friday at $154.31.
According to TipRanks, Stine is a 3-star analyst with an average return of 3.6% and a 34.25% success rate. Stine covers the Industrials sector, focusing on stocks such as Plug Power, PureCycle Technologies, and Chart Industries.
In addition to Craig-Hallum, Chart Industries also received a Buy from Wells Fargo’s Roger Read in a report issued on April 10. However, on April 4, J.P. Morgan maintained a Hold rating on Chart Industries (NYSE: GTLS).
GTLS market cap is currently $6.52B and has a P/E ratio of 360.03.
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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.
Read More on GTLS:
- Chart Industries to Supply Key Liquefaction Equipment for the Cedar LNG Project
- Chart Industries to Announce First Quarter 2024 Results on May 3
- Chart Industries Credit Rating Outlook Changed to “Positive” at Moody’s
- Moody’s changes Chart Industries outlook to ‘Positive’
- Chart Industries Announces Amended Revolving Credit Facility
