Trinity Industries found using ticker (TRN) now have 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 38 and 31.89 with a mean TP of 34.98. With the stocks previous close at 28.39 this would imply there is a potential upside of 23.2%. There is a 50 day moving average of 29.58 and the 200 moving average now moves to 28.37. The market cap for the company is $2,404m. Company Website: https://www.trin.net
The potential market cap would be $2,963m based on the market concensus.
Trinity Industries provides rail transportation products and services under the TrinityRail name in North America. It operates in two segments, Railcar Leasing and Management Services Group, and Rail Products Group. The Railcar Leasing and Management Services Group segment leases freight and tank railcars; originates and manages railcar leases for third-party investors; and provides fleet maintenance and management services. As of December 31, 2021, it had a fleet of 106,970 owned or leased railcars. This segment serves industrial shipper and railroad companies operating in agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. The Rail Products Group segment manufactures freight and tank railcars for transporting various liquids, gases, and dry cargo; and offers railcar maintenance and modification services. This segment serves railroads, leasing companies, and industrial shippers of products in the agriculture, construction and metals, consumer products, energy, and refined products and chemicals markets. It sells or leases products and services through its own sales personnel and independent sales representatives. Trinity Industries was incorporated in 1933 and is headquartered in Dallas, Texas.
