In a report released yesterday, Scott Graham from BMO Capital reiterated a Buy rating on Trimas Corp (TRS), with a price target of $36. The company’s shares closed on Friday at $30.95, close to its 52-week high of $31.80.
According to TipRanks.com, Graham is a 4-star analyst with an average return of 7.1% and a 62.3% success rate. Graham covers the Industrial Goods sector, focusing on stocks such as Rockwell Automation Inc, AO Smith Corp, and Regal Beloit.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Trimas Corp with a $36 average price target.
See today’s analyst top recommended stocks >>
Trimas Corp’s market cap is currently $1.42B and has a P/E ratio of 22.93. The company has a Price to Book ratio of 2.34.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
TriMas Corp. engages in the manufacture of industrial products for customers in the consumer products, aerospace, industrial, petrochemical, refinery, and oil and gas end markets. It operates through the following business segments: Packaging, Aerospace, and Specialty Products.
