Textainer Group Holdings Limite with ticker code (TGH) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 50 and 50 with a mean TP of 50. With the stocks previous close at 36.47 this now indicates there is a potential upside of 37.1%. The 50 day MA is 35.76 and the 200 day MA is 33.47. The market capitalisation for the company is $1,799m. Company Website: https://www.textainer.com
The potential market cap would be $2,467m 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.
