A statement released earlier today by Stifel about Trinity Industries (NYSE:TRN) bumps the target price to $21.00
- Updated: September 29, 2016
Boasting a price of $24.02, Trinity Industries (NYSE:TRN) traded 0.00% even on the day. With the last stock price close up 17.68% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Trinity Industries has recorded a 50-day average of $24.07 and a two hundred day average of $20.41. Volume of trade was down over the average, with 0 shares of TRN changing hands under the typical 1,770,400
Stifel bumped up the target of Trinity Industries (NYSE:TRN) to $21.00 stating a potential downside of -0.13%.
Recent Performance Chart
Trinity Industries has PE ratio of 6.21 with a one year low of $14.94 and a one year high of $30.38 and has a market capitalization of $0.
A total of 8 equity analysts have released a ratings update on the stock. 0 analysts rating the company a strong buy, 0 brokerages rating the stock a buy, zero analysts rating the company a hold, 0 brokers rating the stock a underperform, and finally 0 brokerages rating the stock a sell with a consensus target price of $19.63.
About Trinity Industries (NYSE:TRN)
Trinity Industries, Inc. is a diversified industrial company that owns a range of businesses providing products and services to the energy, transportation, chemical and construction sectors. The Company's products and services include railcars and railcar parts; parts and steel components; the leasing, management and maintenance of railcars; highway products; aggregates; inland barges; structural wind towers; steel utility structures; storage and distribution containers, and trench shields and shoring products. The Company's segments include the Rail Group, Railcar Leasing and Management Services Group, Construction Products Group, Energy Equipment Group, Inland Barge Group and All Other Groups. Its Rail Group is a manufacturer of freight and tank railcars in North America used for transporting a range of liquids, gases and dry cargo, through Trinity Rail Group. The Company's Railcar Leasing and Management Services Group is a provider of rail industry services in North America.
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