GMR Solutions (NYSE:GMRS) Upgraded at Barclays

GMR Solutions (NYSE:GMRS) was upgraded by equities research analysts at Barclays to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

Several other brokerages also recently weighed in on GMRS. Wall Street Zen raised shares of GMR Solutions to a “hold” rating in a research report on Saturday, May 23rd. Needham & Company LLC set a $18.00 price target on shares of GMR Solutions in a research report on Monday. Citigroup assumed coverage on shares of GMR Solutions in a research report on Sunday. They set a “buy” rating and a $17.00 price target for the company. Morgan Stanley assumed coverage on shares of GMR Solutions in a research report on Monday. They set an “equal weight” rating and a $14.00 price target for the company. Finally, Evercore assumed coverage on shares of GMR Solutions in a research report on Sunday. They set an “outperform” rating and a $20.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $19.22.

GMR Solutions Stock Down 2.1%

Shares of NYSE GMRS opened at $10.67 on Monday. GMR Solutions has a fifty-two week low of $10.26 and a fifty-two week high of $15.00.

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