Textainer Group Holdings Limite found using ticker (TGH) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 55 and 50 with a mean TP of 52.5. Given that the stocks previous close was at 33.26 this is indicating there is a potential upside of 57.8%. The 50 day moving average now sits at 29.87 and the 200 moving average now moves to 34.8. The market cap for the company is $1,631m. Company Website: https://www.textainer.com
The potential market cap would be $2,575m 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.
