Trimble Navigation Limited (TRMB) Receives Price Target

Trimble Navigation Limited (TRMB) : The most positive equity analysts on Trimble Navigation Limited (TRMB) expects the shares to touch $32, whereas, the least positive believes that the stock will trade at $20 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $25.9 with an expected fluctuation of $4.65 from the mean.

Trimble Navigation Limited (TRMB) : 7 brokerage houses believe that Trimble Navigation Limited (TRMB) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Trimble Navigation Limited (TRMB). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 13 Wall Street Analysts endorse the stock as a Buy with a rating of 1.69.


Also, Equity Analysts at the Brokerage Firm, JP Morgan, downgrades their rating on the shares of Trimble Navigation Limited (NASDAQ:TRMB). JP Morgan has a Neutral rating on the shares. Previously, the analysts had a Overweight rating on the shares. The rating by the firm was issued on June 28, 2016.

Trimble Navigation Limited (NASDAQ:TRMB): The stock opened at $27.37 on Thursday but the bulls could not build on the opening and the stock topped out at $27.51 for the day. The stock traded down to $27.14 during the day, due to lack of any buying support eventually closed down at $27.34 with a loss of -0.22% for the day. The stock had closed at $27.40 on the previous day. The total traded volume was 1,180,642 shares.

Trimble Navigation Limited is a provider of technology solutions for professionals and field mobile workers. The Company operates through four segments: Engineering and Construction, Field Solutions, Mobile Solutions and Advanced Devices. The Engineering and Construction segment provides heavy civil construction, building construction and geospatial solutions. The Field Solutions segment offers positioning systems, automated application systems, and data collection and integration systems. The Mobile Solutions segment includes its Transportation and Logistics, and Field Service Management businesses. The Advanced Devices segment includes its Embedded Technologies, Military and Advanced Systems, and ThingMagic businesses. Its brands include Trimble, PeopleNet, GEOTrac and TMW. In addition, it offers TILOS software, which merges both location and schedule into one combined time and distance graphical view, and FlexiCadastre software, which provides land management solution.

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