2024-04-26 15:08:19 ET
Summary
- GATX Corporation's shares have tripled in the past eight years, and the company has consistently grown its dividend for the past 13 years.
- The company is expected to generate more capital gains due to strong utilization rates and pricing growth.
- The one-year price target for GATX is $137.50, and the stock is rated as a Buy.
Thesis
In the eight years since 2016, the shares of GATX Corporation ( GATX ) have roughly tripled:
It has been a bumpy ride at times, but shareholders with a long-term perspective have been well rewarded. In addition, the company has grown its dividend every year for the past 13 years....
Read the full article on Seeking Alpha
For further details see:
GATX Corporation: Strong Utilization Rates And Pricing Fuel New Gains