Breaking Finance News

Buckingham Research recorded Trinity Industries (NYSE:TRN), upping its target price to $32.00 today

Yesterday Trinity Industries (NYSE:TRN) traded 0.72% higher at $26.63. The company’s 50-day moving average is $28.62 and its 200-day moving average is $27.25. The last stock close price is down 8.50% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 1,397,234 shares of the stock were exchanged, up from an average trading volume of 1,072,840

Trinity Industries (NYSE:TRN) had its target price raised to $32.00 by Buckingham Research in a report released 06/21/2017. The new target price indicates a possible upside of 0.20% based on the company's last stock close price.

See Chart Below

Trinity Industries (NYSE:TRN)

Trinity Industries has a 52 week low of $20.80 and a 52 week high of $30.13 with a P/E ratio of 18.17 The company’s market cap is currently $0.

In addition to Buckingham Research reporting its target price, a total of 8 firms have issued a report on the stock. The consensus target price is $19.63 with 0 firms rating the stock a strong buy, 0 firms rating the stock a buy, 0 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Trinity Industries (NYSE:TRN)

Trinity Industries, Inc. is a diversified industrial company that owns businesses providing products and services to the energy, chemical, agriculture, transportation 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; construction 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, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other. Its All Other segment includes its captive insurance and transportation companies, and other peripheral businesses. It manufactures a line of railcars, including autorack cars, box cars, covered hopper cars, gondola cars, intermodal cars, open hopper cars and tank cars.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.