Textainer Group Holdings Limite found using ticker (TGH) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 55 and 46 and has a mean target at 50.5. Given that the stocks previous close was at 34.09 this indicates there is a potential upside of 48.1%. The day 50 moving average is 30.1 and the 200 day moving average is 34.54. The market capitalisation for the company is $1,564m. You can visit the company’s website by visiting: https://www.textainer.com
The potential market cap would be $2,317m 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 and specialized dry freight, and refrigerated containers, as well as other special-purpose containers, which include tank, 45′, pallet-wide, and other types of containers. It also provides container management, acquisition, 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 2.7 million containers representing 4.3 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the U.S. military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.
