Short Term Rating on Trinity Industries (TRN)

Trinity Industries (TRN) : The consensus on Trinity Industries (TRN) based on 9 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Trinity Industries (TRN) : Average target price received by Trinity Industries (TRN) is $26.2 with an expected standard deviation of $8.58. The most aggressive target on the stock is $40, whereas the most downbeat target is $17. 5 financial analysts are currently covering the stock.

Company shares have received an average consensus rating of Hold for the current week


Trinity Industries (NYSE:TRN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.47 and $20.36 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.97. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.90, notching a gain of 3.47% for the day. The total traded volume was 2,024,176 . The stock had closed at $20.20 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.

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