Textainer Group Holdings Limite with ticker code (TGH) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 55 and 50 calculating the average target price we see 52.5. Given that the stocks previous close was at 26.83 this now indicates there is a potential upside of 95.7%. The day 50 moving average is 30.76 while the 200 day moving average is 35.21. The company has a market cap of $1,295m. You can visit the company’s website by visiting: https://www.textainer.com
The potential market cap would be $2,534m 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.
