Trinity Industries (TRN) was Downgraded to a Hold Rating at Buckingham


Buckingham analyst Matthew Brooklier downgraded Trinity Industries (TRN) to Hold today and set a price target of $26. The company’s shares closed yesterday at $22.96.

According to TipRanks.com, Brooklier is ranked #2539 out of 5265 analysts.

Currently, the analyst consensus on Trinity Industries is a Moderate Buy with an average price target of $30.67, a 33.6% upside from current levels. In a report issued on March 11, KeyBanc also downgraded the stock to Hold with a $30 price target.

See today’s analyst top recommended stocks >>

Based on Trinity Industries’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $735 million and net profit of $26.7 million. In comparison, last year the company had a net profit of $528 million.

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.

Trinity Industries, Inc. engages in the provision of rail transportation products and services in North America. It operates through the following segments: Railcar Leasing and Management Services Group, Rail Products Group and All Other. The Railcar Leasing and Management Services Group segment provides railcar industry services.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts