In a report released today, Matt Elkott from TD Cowen maintained a Buy rating on Trinity Industries (TRN – Research Report), with a price target of $34.00. The company’s shares closed today at $26.87.
Elkott covers the Industrials sector, focusing on stocks such as Greenbrier, Trinity Industries, and Cummins. According to TipRanks, Elkott has an average return of 16.4% and a 66.22% success rate on recommended stocks.
Currently, the analyst consensus on Trinity Industries is a Moderate Buy with an average price target of $28.50.
See Insiders’ Hot Stocks on TipRanks >>
TRN market cap is currently $2.08B and has a P/E ratio of 30.54.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Trinity Industries, Inc. engages in the provision of rail transportation products and services in North America. It operates through the following segments: Railcar Leasing and Management Services Group, Rail Products Group and All Other. The Railcar Leasing and Management Services Group segment provides railcar industry services. The Rail Products Group segment includes the results of heads business. The All Other segment includes the results of highway products business. The company was founded in 1933 and is headquartered in Dallas, TX.
Read More on TRN:
