Analyst Rating Update on Trinity Industries (TRN)

Trinity Industries (NYSE:TRN) : Zacks Investment Research ranks Trinity Industries (NYSE:TRN) as 2, which is a Buy recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 3, which indicates as a Hold.

Trinity Industries (NYSE:TRN) : 5 investment research analysts covering Trinity Industries (NYSE:TRN) have an average price target of $26.2 for the near short term. The highest target price given by the Brokerage Firm to the stock is $40 and the lowest target is $17 for the short term. Analysts expect the variance to be within $8.58 of the average price.

Company shares have received an average consensus rating of Hold for the current week Also, In the latest statement by the brokerage house, Stifel Nicolaus downgrades its outlook on Trinity Industries (NYSE:TRN). The current rating of the shares is Hold, according to the research report released by the firm. Previously, the company had a rating of Buy. The rating by the firm was issued on April 19, 2016.

Trinity Industries (NYSE:TRN): stock turned positive on Tuesday. Though the stock opened at $17.55, the bulls momentum made the stock top out at $17.9 level for the day. The stock recorded a low of $17.5036 and closed the trading day at $17.74, in the green by 2.66%. The total traded volume for the day was 2,203,633. The stock had closed at $17.28 in the previous days trading.

In an insider trading activity,The officer (Senior Vice President) of Trinity Industries Inc, Menzies D Stephen sold 101,296 shares at $27.46 on November 2, 2015. The Insider selling transaction had a total value worth of $2,781,588. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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.

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