In a report released yesterday, Matt Elkott from Cowen & Co. maintained a Buy rating on Trinity Industries (NYSE: TRN), with a price target of $46. The company’s shares closed yesterday at $38.21, close to its 52-week high of $39.19.
According to TipRanks.com, Elkott is a 4-star analyst with an average return of 23.1% and a 91.2% success rate. Elkott covers the Industrial Goods sector, focusing on stocks such as Freightcar America, Westinghouse Air, and Greenbrier.
Currently, the analyst consensus on Trinity Industries is a Moderate Buy with an average price target of $45.40.
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The company has a one-year high of $39.19 and a one-year low of $30.39. Currently, Trinity Industries has an average volume of 1.22M.
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Trinity Industries, Inc. engages in the provision of products and services to the energy, transportation, chemical, and construction sectors. It operates through the following segments: Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, Railcar Leasing and Management Services Group, and All Other.
