Brokerage Firm Rating on Trimble Navigation Limited (TRMB)

Trimble Navigation Limited (TRMB) : Zacks Investment Research ranks Trimble Navigation Limited (TRMB) as 3, which is a Hold recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 1.79, which indicates as a Buy.

Trimble Navigation Limited (TRMB) : The highest short term price target forecast on Trimble Navigation Limited (TRMB) is $32 and the lowest target price is $20. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $26 with a standard deviation of $4.43.


For the current week, the company shares have a recommendation consensus of Buy. Trimble Navigation Limited (NASDAQ:TRMB): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.49 and $27.30 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.99. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.94, notching a gain of 1.27% for the day. The total traded volume was 917,573 . The stock had closed at $27.59 on the previous day.

In a related news,The officer (Vice President) of Trimble Navigation Ltd /Ca/, Kliem Jurgen sold 16,700 shares at $26 on July 20, 2016. The Insider selling transaction had a total value worth of $434,200. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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