GMR Solutions (NYSE:GMRS) Now Covered by Analysts at Bank of America

Equities research analysts at Bank of America began coverage on shares of GMR Solutions (NYSE:GMRS) in a research report issued to clients and investors on Monday. The brokerage set a “buy” rating and a $18.00 price target on the stock. Bank of America‘s price target suggests a potential upside of 64.53% from the stock’s current price.

GMRS has been the subject of a number of other research reports. Wall Street Zen raised GMR Solutions to a “hold” rating in a research note on Saturday, May 23rd. Barclays initiated coverage on shares of GMR Solutions in a research report on Monday. They issued an “overweight” rating and a $16.00 target price for the company. UBS Group initiated coverage on GMR Solutions in a research note on Monday. They issued a “buy” rating and a $20.00 price target on the stock. The Goldman Sachs Group set a $35.00 price objective on shares of GMR Solutions and gave the stock a “buy” rating in a report on Monday. Finally, Evercore began coverage on GMR Solutions in a research note on Sunday. They issued an “outperform” rating and a $20.00 target price on the stock. Six analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.75.

GMR Solutions Trading Up 0.4%

GMR Solutions stock opened at $10.94 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 issued its quarterly earnings results on Monday, June 1st. The company reported $999.00 earnings per share (EPS) for the quarter. The firm had revenue of $1.46 billion for the quarter.