Chart Industries (NYSE:GTLS) Price Target Raised to $225.00 at Citigroup

Chart Industries (NYSE:GTLS - Free Report) had its target price increased by Citigroup from $190.00 to $225.00 in a research report sent to investors on Thursday,Benzinga reports. They currently have a buy rating on the industrial products company's stock.

A number of other analysts have also recently weighed in on GTLS. Barclays reduced their target price on shares of Chart Industries from $146.00 to $145.00 and set an "equal weight" rating for the company in a report on Monday, November 4th. BTIG Research increased their price target on Chart Industries from $170.00 to $210.00 and gave the company a "buy" rating in a research report on Monday, December 16th. Raymond James restated a "strong-buy" rating and set a $190.00 price objective on shares of Chart Industries in a report on Monday, December 2nd. The Goldman Sachs Group lifted their target price on shares of Chart Industries from $138.00 to $201.00 and gave the stock a "neutral" rating in a research report on Friday, December 20th. Finally, Stifel Nicolaus upped their price target on shares of Chart Industries from $200.00 to $231.00 and gave the company a "buy" rating in a research report on Tuesday, December 31st. Three analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $191.54.

Chart Industries Stock Performance

Shares of NYSE GTLS traded up $0.79 during midday trading on Thursday, reaching $194.59. 461,031 shares of the company traded hands, compared to its average volume of 526,977. The stock has a 50-day moving average price of $200.57 and a 200 day moving average price of $158.82. The company has a market cap of $8.33 billion, a price-to-earnings ratio of 56.40, a PEG ratio of 0.60 and a beta of 1.84. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.27 and a quick ratio of 1.00. Chart Industries has a 52 week low of $101.60 and a 52 week high of $220.03.

Institutional Investors Weigh In On Chart Industries

Several institutional investors have recently made changes to their positions in GTLS. Capital Analysts LLC acquired a new stake in Chart Industries in the fourth quarter valued at approximately $25,000. Smartleaf Asset Management LLC raised its holdings in shares of Chart Industries by 129.6% during the 4th quarter. Smartleaf Asset Management LLC now owns 163 shares of the industrial products company's stock valued at $31,000 after purchasing an additional 92 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in Chart Industries during the third quarter worth $34,000. Fairway Wealth LLC bought a new position in Chart Industries during the fourth quarter valued at about $34,000. Finally, Blue Trust Inc. lifted its position in shares of Chart Industries by 56.0% in the fourth quarter. Blue Trust Inc. now owns 181 shares of the industrial products company's stock worth $35,000 after buying an additional 65 shares during the last quarter.

About Chart Industries

Chart Industries, Inc engages in the designing, engineering, and manufacturing of process technologies and equipment for the gas and liquid molecules in the United States and internationally. The company operates in four segments: Cryo Tank Solutions, Heat Transfer Systems, Specialty Products, and Repair, Service & Leasing.