In a report released today, Julian Mitchell from Barclays maintained a Buy rating on Trane Technologies (TT – Research Report), with a price target of $325.00. The company’s shares closed yesterday at $296.73.
According to TipRanks, Mitchell is a top 100 analyst with an average return of 16.5% and a 66.87% success rate. Mitchell covers the Industrials sector, focusing on stocks such as 3M, Ingersoll Rand, and Carrier Global.
Currently, the analyst consensus on Trane Technologies is a Hold with an average price target of $278.58.
TT market cap is currently $67.38B and has a P/E ratio of 33.82.
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:
