Textainer Group Holdings Limite with ticker code (TGH) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 50 and 50 and has a mean target at 50. Now with the previous closing price of 36.54 this would imply there is a potential upside of 36.8%. There is a 50 day moving average of 37.43 and the 200 day MA is 34.83. The market capitalisation for the company is $1,751m. You can visit the company’s website by visiting: https://www.textainer.com
The potential market cap would be $2,396m 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 include standard dry freight containers, refrigerated, and other special-purpose containers, which include 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.
