KBW analyst Michael Brown reiterated a Hold rating on Textainer Group Holdings (TGH) on November 4 and set a price target of $15. The company’s shares opened today at $11.59, close to its 52-week low of $10.58.
According to TipRanks.com, Brown is ranked #1919 out of 4905 analysts.
Currently, the analyst consensus on Textainer Group Holdings is a Hold with an average price target of $17.
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Based on Textainer Group Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $1.91 million. In comparison, last year the company had a net profit of $18.48 million.
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Textainer Group Holdings Ltd. engages in the purchase, management, leasing, and resale of a fleet of marine cargo containers, through its. It operates through the following business segments: Container Ownership, Container Management, and Container Resale.
