Trinity Industries (TRN) has an average broker rating of 2.5, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 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 3, which is also a Hold.
Trinity Industries (TRN) : The consensus price target for Trinity Industries (TRN) is $23.4 for the short term with a standard deviation of $3.78. The most optimist securities analyst among the 5 who monitor the stock believes that the stock can reach $27, however, the pessimist price target for the company is $17.
Company shares have received an average consensus rating of Hold for the current week
Trinity Industries (NYSE:TRN): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $22.70 and $22.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $23.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $22.99, notching a gain of 1.19% for the day. The total traded volume was 1,197,027 . The stock had closed at $22.72 on the previous day.
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.