Brokerages Set Chart Industries, Inc. (NYSE:GTLS) PT at $206.00

Shares of Chart Industries, Inc. (NYSE:GTLS) have been assigned an average recommendation of “Hold” from the sixteen analysts that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, twelve have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $206.00.

Several equities analysts have commented on the stock. JPMorgan Chase & Co. increased their price target on shares of Chart Industries from $194.00 to $210.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Weiss Ratings restated a “sell (d+)” rating on shares of Chart Industries in a report on Monday, December 29th.

Hedge Funds Weigh In On Chart Industries

Several hedge funds have recently made changes to their positions in GTLS. Legato Capital Management LLC boosted its position in shares of Chart Industries by 16.4% in the 4th quarter. Legato Capital Management LLC now owns 1,793 shares of the industrial products company’s stock valued at $370,000 after purchasing an additional 253 shares during the period. Global Retirement Partners LLC lifted its stake in Chart Industries by 27.3% in the fourth quarter. Global Retirement Partners LLC now owns 1,595 shares of the industrial products company’s stock valued at $329,000 after buying an additional 342 shares during the last quarter. Handelsbanken Fonder AB lifted its stake in Chart Industries by 8.2% in the fourth quarter. Handelsbanken Fonder AB now owns 13,134 shares of the industrial products company’s stock valued at $2,709,000 after buying an additional 1,000 shares during the last quarter. ProShare Advisors LLC boosted its holdings in shares of Chart Industries by 4.1% in the fourth quarter. ProShare Advisors LLC now owns 11,488 shares of the industrial products company’s stock valued at $2,369,000 after acquiring an additional 457 shares during the period. Finally, HighTower Advisors LLC grew its position in shares of Chart Industries by 0.6% during the fourth quarter. HighTower Advisors LLC now owns 8,204 shares of the industrial products company’s stock worth $1,692,000 after acquiring an additional 50 shares during the last quarter.

Chart Industries Stock Up 0.2%

Shares of NYSE GTLS opened at $207.50 on Monday. The business has a 50-day moving average of $206.38 and a two-hundred day moving average of $201.69. The company has a market capitalization of $9.33 billion, a price-to-earnings ratio of 253.05, a price-to-earnings-growth ratio of 0.79 and a beta of 1.75. Chart Industries has a 1 year low of $104.60 and a 1 year high of $208.24. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.40 and a quick ratio of 1.15.

Chart Industries Company Profile

Chart Industries, Inc (NYSE: GTLS) is a leading global manufacturer of engineered equipment for the storage, distribution and end-use of hydrocarbon and industrial gases. The company specializes in cryogenic systems and components, serving key markets such as energy, chemical processing, industrial gas, food and beverage, and medical gases. Chart’s product portfolio includes large-scale cryogenic storage tanks, vaporizers, heat exchangers and pump systems designed to maintain gases in liquid and gaseous states under extreme conditions.

Founded in 1992 and headquartered in Ball Ground, Georgia, Chart Industries has evolved through targeted acquisitions and organic growth to expand its technological capabilities and geographic reach.