Trinity Industries (NYSE:TRN) target price raised to $22.00, reported today by Stifel
- Updated: November 30, 2016
Trinity Industries (NYSE:TRN) had its target price raised to $22.00 by Stifel in a report released 11/30/2016. The new target price indicates a possible downside of -0.18% based on the company's last stock close price.
Previously on 2/22/2016, Susquehanna reported about Trinity Industries (NYSE:TRN) lowered the target price from $36.00 to $20.00. At the time, this indicated a possible upside of 0.22%.
Yesterday Trinity Industries (NYSE:TRN) traded -1.25% lower at $26.96. The company’s 50-day moving average is $24.03 and its 200-day moving average is $22.04. The last stock close price is up 22.30% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,230,485 shares of the stock were exchanged, down from an average trading volume of 1,586,270
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Trinity Industries has a 52 week low of $14.94 and a 52 week high of $27.98 with a P/E ratio of 8.66 The company’s market cap is currently $0.
In addition to Stifel reporting its target price, a total of 8 firms have reported 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.
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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