Greenbrier Companies' growth expectations offer a price appreciation potential.

The growth of the group represents a catalyst for further rises in prices. The transportation manufacturing company reported recently record results for the Q4 and the fiscal year. Indeed, expectations for coming years show an increase in revenues and earnings. In addition, analysts revised upwards their forecasts on EPS and Sales over the last 4 months, and target a price of USD 80.2 on average.

Technically, the stock rebounded upon contact with its short term level at USD 47.6. That constitutes a support for the midterm and long term positive trend. The prices has recently crossed up the moving averages which are still in an upward trend on weekly data.

In sum, the current prices seem to be interesting purchase levels on Greenbrier Companies, that in fact has numerous positive indicators. The bullish target could be set over the short-term resistance at USD 64.55 and by extension the USD 77.5 midterm resistance. In order to protect the position, a stop-loss under the 57.30 level could be triggered if prices fall down.