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Trinity Industries (TRN) Stock Forecast & Price Target

$32.26
-0.37 (-1.13%)
(As of 07/24/2024 ET)

Trinity Industries - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for Trinity Industries in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a hold rating, and 3 have given a buy rating for TRN.

Consensus Price Target

$31.00
-3.91% Downside
High Forecast$34.00
Average Forecast$31.00
Low Forecast$26.00

According to the 4 analysts' twelve-month price targets for Trinity Industries, the average price target is $31.00. The highest price target for TRN is $34.00, while the lowest price target for TRN is $26.00. The average price target represents a forecasted downside of -3.91% from the current price of $32.26.

TypeCurrent Forecast
7/26/23 to 7/25/24
1 Month Ago
6/26/23 to 6/25/24
3 Months Ago
4/27/23 to 4/26/24
1 Year Ago
7/26/22 to 7/26/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
1 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$31.00$31.00$29.00$27.00
Forecasted Upside-3.91% Downside12.79% Upside16.05% Upside1.58% Upside
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TRN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TRN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Trinity Industries Stock vs. The Competition

TypeTrinity IndustriesTransportation CompaniesS&P 500
Consensus Rating Score
2.75
2.54
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-3.91% Downside37.46% Upside10.62% Upside
News Sentiment RatingNeutral News
Neutral News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/2/2024Susquehanna
2 of 5 stars
 Boost TargetPositive ➝ Positive$30.00 ➝ $34.00+15.06%
5/2/2024TD Cowen
4 of 5 stars
 Boost TargetBuy ➝ Buy$30.00 ➝ $33.00+11.68%
11/3/2023Stephens
4 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$27.00 ➝ $26.00+8.47%
8/2/2023Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$27.00 ➝ $31.00+15.37%
11/7/2022Susquehanna Bancshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeNeutral$30.00+0.91%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:56 AM ET.

TRN Forecast - Frequently Asked Questions

What is Trinity Industries' forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Trinity Industries is $31.00, with a high forecast of $34.00 and a low forecast of $26.00.

Should I buy or sell Trinity Industries stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Trinity Industries in the last year. There is currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TRN shares.

Does Trinity Industries's stock price have much upside?

According to analysts, Trinity Industries's stock has a predicted upside of 12.79% based on their 12-month stock forecasts.

What analysts cover Trinity Industries?

Trinity Industries has been rated by research analysts at Susquehanna, and TD Cowen in the past 90 days.

Do Wall Street analysts like Trinity Industries more than its competitors?

Analysts like Trinity Industries more than other "transportation" companies. The consensus rating score for Trinity Industries is 2.75 while the average consensus rating score for "transportation" companies is 2.55. Learn more on how TRN compares to other companies.


This page (NYSE:TRN) was last updated on 7/25/2024 by MarketBeat.com Staff

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