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UPDATE: Stifel Nicolaus Initiates GATX Corporation at Buy on on Tank Car Leasing Outlook

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Dividend Overview: GATX Corp. (Seeking Alpha)

Stifel Nicolaus initiated coverage on GATX Corporation (NYSE: GMT) with a Buy rating and a $52.00 price target.

Stifel Nicolaus said, "As the second largest independent railcar leasing company in the U.S., and also the second largest lessor of tank railcars, we believe the company is, on a relative basis, uniquely positioned to take advantage of demand for tank railcars by shippers in the petroleum and chemical industries."

GATX Corporation closed at $45.61 on Thursday.

Latest Ratings for GMT

DateFirmActionFromTo
Jul 2013Stephens & Co.Initiates Coverage onOverweight
Jun 2013Stifel NicolausDowngradesBuyHold
Mar 2013KeyBancDowngradesBuyHold

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Posted-In: Stifel NicolausAnalyst Color Initiation Intraday Update Analyst Ratings

 

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