.jpg "Trex Company (NYSE: TREX)")
Berenberg Bank analyst Alex Maroccia reiterated a Buy rating on Trex Company (TREX) yesterday and set a price target of $98.00. The company’s shares closed last Monday at $100.81, close to its 52-week high of $101.72.
Maroccia has an average return of 37.8% when recommending Trex Company.
According to TipRanks.com, Maroccia is ranked #681 out of 5875 analysts.
Currently, the analyst consensus on Trex Company is a Strong Buy with an average price target of $96.00.
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Trex Company’s market cap is currently $5.88B and has a P/E ratio of 44.06. The company has a Price to Book ratio of 13.89.
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Trex Co., Inc. engages in the manufacture of wood-alternative decking and railing. Its products include deck framing and drainage, outdoor lighting, furniture, pergola and outdoor kitchens, fencing, collections, and accessory hardware. It operates through the following segments Trex Residential Products and Trex Commercial Products.
