Textainer Group Holdings Limite with ticker code (TGH) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 50 and 50 calculating the mean target price we have 50. Given that the stocks previous close was at 38.45 this indicates there is a potential upside of 30.0%. The 50 day moving average now sits at 37.62 while the 200 day moving average is 35.17. The market capitalisation for the company is $1,917m. Find out more information at: https://www.textainer.com
The potential market cap would be $2,493m based on the market concensus.
Textainer Group Holdings Limited, through its subsidiaries, purchases, owns, manages, leases, and disposes a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company’s containers lude standard dry freight containers, refrigerated, and other special-purpose containers, which lude tank, 45′, pallet-wide, and other types of containers. It also provides container acquisition, management, and disposal services to affiliated and unaffiliated container investors. In addition, the company is involved in the sale of containers from its fleet, as well as purchase, lease, or resale of containers from shipping line customers, container traders, and other sellers of containers. It operates a fleet of approximately 2.4 million containers, representing 3.8 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the United States military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.
