Trinity Industries (TRN) has an average broker rating of 3, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 5 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Trinity Industries (TRN) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $40 and the lowest price target forecast is $17. The average forecast of all the analysts is $26.2 and the expected standard deviation is $8.58.
Trinity Industries (NYSE:TRN): The stock opened at $18.85 on Wednesday but the bulls could not build on the opening and the stock topped out at $19.05 for the day. The stock traded down to $18.38 during the day, due to lack of any buying support eventually closed down at $18.71 with a loss of -1.63% for the day. The stock had closed at $19.02 on the previous day. The total traded volume was 2,481,263 shares.
Also, Stifel Nicolaus downgrades their rating on the shares of Trinity Industries (NYSE:TRN). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 19, 2016. The company shares have dropped -22.02% from its 1 Year high price. On Oct 23, 2015, the shares registered one year high at $30.38 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $18.21 and the 200 Day Moving Average price is recorded at $19.26.
Trinity Industries, Inc. is a diversified industrial company that owns businesses providing products and services to the energy, transportation, chemical and construction sectors. The Companys products and services include railcars and railcar parts, the leasing, management, and maintenance of railcars, inland barges, highway products, aggregates, storage and distribution containers, structural wind towers, electric utility structures and parts and steel components. The Company operates under the following segments: the Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other. The Company caters to concrete producers, which include commercial, residential, highway contractors, manufacturers of masonry products, and state and local municipalities. It also caters to commercial marine transportation companies, wind turbine producers, dealers and industrial users.