GATX Corp traded at $165.47 this Friday October 23rd, decreasing $2.03 or 1.21 percent since the previous trading session. Looking back, over the last four weeks, GATX lost 9.77 percent. Over the last 12 months, its price rose by 2.64 percent. Looking ahead, we forecast GATX Corp to be priced at 162.02 by the end of this quarter and at 151.98 in one year, according to Trading Economics global macro models projections and analysts expectations.
GATX Corporation is a global railcar lessor, owning fleets in North America, Europe, and India. The Company''s segments include Rail North America, Rail International, Portfolio Management and Other. Rail North America segment primarily provides railcars pursuant to full-service leases under which it maintains the railcars, pays ad valorem taxes and provides other ancillary services. Rail International segment is composed of its operations in Europe (GATX Rail Europe or GRE), India (Rail India). GRE leases railcars to customers throughout Europe pursuant to full-service leases under which it maintains the railcars and provides value-added services according to customer requirements. Portfolio Management segment is composed primarily of the Rolls-Royce & Partners Finance joint ventures that lease aircraft spare engines and GATX Engine Leasing (GEL), its wholly owned aircraft spare engine leasing business. Other segment includes its Trifleet business that owns and manages tank containers.