In a report released today, Jeffrey Hammond from KeyBanc maintained a Hold rating on Trane Technologies (TT – Research Report). The company’s shares closed yesterday at $270.74.
Hammond covers the Industrials sector, focusing on stocks such as Janus International Group, Lennox International, and Parker Hannifin. According to TipRanks, Hammond has an average return of 10.5% and a 60.00% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Trane Technologies with a $248.10 average price target.
See today’s best-performing stocks on TipRanks >>
Based on Trane Technologies’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $4.88 billion and a net profit of $626.3 million. In comparison, last year the company earned a revenue of $4.37 billion and had a net profit of $547.9 million
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.
Trane Technologies (TT) Company Description:
Ireland-based Trane Technologies plc is a diversified industrial manufacturing company formed by the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company. The company provides climate control solutions for buildings, homes, and transportation.
Read More on TT:
