Northland Securities analyst Douglas Becker maintained a Buy rating on Chart Industries (NASDAQ:GTLS) on Thursday, setting a price target of $95, which is approximately 13.54% above the present share price of $83.67.
Becker expects Chart Industries to post earnings per share (EPS) of $0.57 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Chart Industries, with an average price target of $82.78.
The analysts price targets range from a high of $95 to a low of $75.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $310.4 million and a net profit of $33.4 million. The company's market cap is $3.01 billion.
According to TipRanks.com, Northland Securities analyst Douglas Becker is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 5.7% and a 22.22% success rate.
Chart Industries, Inc. engages in the manufacturing of engineered equipment for the industrial gas, energy, and biomedical industries. It operates through the following business segments: Energy and Chemicals Cryogenics, Distribution and Storage Western Hemisphere, Distribution & Storage Eastern Hemisphere, and Energy and Chemicals FinFans. The Energy and Chemicals Cryogenics segment supplies engineered equipment and technology-driven process systems used in the separation, liquefaction, and purification of hydrocarbon and industrial gases. The Distribution and Storage Western and Eastern Hemisphere segment designs, manufactures, and services cryogenic solutions for the storage and delivery of cryogenic liquids used in industrial gas and LNG applications in different geographical regions. The Energy and Chemicals FinFans facilitates major natural gas, petrochemical processing, petroleum refining, power generation and industrial gas companies in the production of their products. The company was founded in 1992 and is headquartered in Ball (NYSE:BLL) Ground, GA.