American Railcar Industries (NASDAQ:ARII) received a $35.00 price objective from equities research analysts at Stifel Nicolaus in a research report issued to clients and investors on Friday. The firm currently has a “hold” rating on the transportation company’s stock. Stifel Nicolaus’ price target suggests a potential downside of 2.48% from the company’s previous close.

Several other research firms also recently commented on ARII. Zacks Investment Research downgraded American Railcar Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, November 7th. Buckingham Research upped their target price on American Railcar Industries from $38.00 to $39.00 and gave the company a “neutral” rating in a research report on Wednesday, November 1st. Seaport Global Securities started coverage on American Railcar Industries in a research report on Thursday, January 4th. They issued a “neutral” rating on the stock. Cowen reaffirmed a “buy” rating and issued a $44.00 target price on shares of American Railcar Industries in a research report on Wednesday, November 1st. Finally, BidaskClub downgraded American Railcar Industries from a “hold” rating to a “sell” rating in a research report on Friday, January 19th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. American Railcar Industries currently has an average rating of “Hold” and a consensus price target of $39.50.

American Railcar Industries (NASDAQ ARII) opened at $35.89 on Friday. American Railcar Industries has a 12-month low of $34.29 and a 12-month high of $49.33. The company has a debt-to-equity ratio of 0.94, a current ratio of 3.06 and a quick ratio of 2.13. The company has a market capitalization of $686.45, a P/E ratio of 13.05 and a beta of 2.13.

A number of large investors have recently modified their holdings of the stock. BlackRock Inc. grew its position in American Railcar Industries by 1.3% during the fourth quarter. BlackRock Inc. now owns 486,690 shares of the transportation company’s stock worth $20,266,000 after buying an additional 6,340 shares in the last quarter. Northern Trust Corp grew its position in American Railcar Industries by 82.8% during the second quarter. Northern Trust Corp now owns 290,305 shares of the transportation company’s stock worth $11,119,000 after buying an additional 131,503 shares in the last quarter. State Street Corp grew its position in American Railcar Industries by 5.2% during the second quarter. State Street Corp now owns 198,606 shares of the transportation company’s stock worth $7,605,000 after buying an additional 9,811 shares in the last quarter. Wells Fargo & Company MN grew its position in American Railcar Industries by 717.5% during the fourth quarter. Wells Fargo & Company MN now owns 109,094 shares of the transportation company’s stock worth $4,542,000 after buying an additional 95,749 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in American Railcar Industries by 5.5% during the fourth quarter. California Public Employees Retirement System now owns 78,319 shares of the transportation company’s stock worth $3,261,000 after buying an additional 4,076 shares in the last quarter. 94.84% of the stock is currently owned by institutional investors and hedge funds.

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American Railcar Industries Company Profile

American Railcar Industries, Inc is a designer and manufacturer of hopper and tank railcars. The Company designs and manufactures railcars and a range of components for the North American railcar and industrial markets. It operates through three segments: manufacturing, railcar leasing and railcar services.

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