Cowen & Co. analyst Matt Elkott maintained a Buy rating on Trinity Industries (TRN) today and set a price target of $30. The company’s shares opened today at $23.20.
Elkott has an average return of 4.8% when recommending Trinity Industries.
According to TipRanks.com, Elkott is ranked #743 out of 4897 analysts.
Currently, the analyst consensus on Trinity Industries is a Strong Buy with an average price target of $39.60, which is a 70.7% upside from current levels. In a report issued on November 1, Wells Fargo also reiterated a Buy rating on the stock with a $35 price target.
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Trinity Industries’ market cap is currently $3.21B and has a P/E ratio of 5.06. The company has a Price to Book ratio of 0.75.
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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.
