GMR Solutions Inc. (NYSE:GMRS) Receives $22.25 Average Target Price from Brokerages

Shares of GMR Solutions Inc. (NYSE:GMRS) have earned a consensus recommendation of “Moderate Buy” from the nine analysts that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $19.2222.

GMRS has been the topic of a number of analyst reports. JPMorgan Chase & Co. initiated coverage on shares of GMR Solutions in a report on Monday, June 8th. They set an “overweight” rating and a $15.00 target price on the stock. Citigroup initiated coverage on shares of GMR Solutions in a report on Sunday, June 7th. They set a “buy” rating and a $17.00 target price on the stock. Wall Street Zen raised shares of GMR Solutions to a “hold” rating in a report on Saturday, May 23rd. UBS Group started coverage on shares of GMR Solutions in a report on Monday, June 8th. They issued a “buy” rating and a $20.00 price target on the stock. Finally, The Goldman Sachs Group started coverage on shares of GMR Solutions in a report on Monday, June 8th. They issued a “buy” rating and a $35.00 price target on the stock.

GMR Solutions Price Performance

Shares of GMRS stock opened at $12.41 on Monday. GMR Solutions has a 1 year low of $10.26 and a 1 year high of $15.00.

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