NYSE:TT

Trane Technologies (TT) Price Target & Analyst Ratings

$176.88

+0.72 (+0.41%)

(As of 05:22 PM ET)

Compare

Today's Range: $174.66
▼
$177.33
50-Day Range: $163.23
▼
$188.56
52-Week Range: $120.64
▼
$196.22

Volume: 997,517 shs
Average Volume: 1.54 million shs
Market Capitalization: $40.34 billion

P/E Ratio: 22.91
Dividend Yield: 1.70%
Price Target: $182.58

Trane Technologies Consensus Rating and Price Target (2023)

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 Analyst Rating

Hold
Based on 17 Analyst Ratings

Consensus Analyst Price Target

$182.58
3.22% Upside

High Prediction	$224.00
Average Prediction	$182.58
Low Prediction	$126.00

Type	Current 6/8/22 to 6/8/23	1 Month Ago 5/9/22 to 5/9/23	3 Months Ago 3/10/22 to 3/10/23	1 Year Ago 6/8/21 to 6/8/22
Consensus Rating	Hold	Hold	Hold	Hold
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	7 Buy rating(s)	7 Buy rating(s)	7 Buy rating(s)	5 Buy rating(s)
Hold	7 Hold rating(s)	7 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)
Sell	3 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	$182.58	$182.58	$183.78	$178.71
Predicted Upside	3.22% Upside	6.74% Upside	7.07% Upside	8.23% Upside

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TT Analyst Ratings 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.

TT 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.

Trane Technologies Stock vs. The Competition

Type	Trane Technologies	Business Services Companies	S&P 500
Consensus Rating Score	2.24	2.57	2.49
Consensus Rating	Hold	Buy	Hold
Predicted Upside	4.00% Upside	290.55% Upside	228.69% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
5/4/2023	92 Resources Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
5/4/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Maintains
5/4/2023	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$200.00 ➝ $192.00	+8.02%
5/4/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$200.00 ➝ $201.00	+13.09%
4/14/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral	$203.00 ➝ $178.00	+1.49%
4/13/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underweight	$176.00 ➝ $163.00	-6.94%

4/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold	$184.00 ➝ $183.00	+6.99%
3/27/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Market Perform
3/7/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$200.00 ➝ $224.00	+16.63%
2/8/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$185.00 ➝ $200.00	+10.83%
2/6/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Equal Weight	$170.00 ➝ $185.00	-0.70%
2/3/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$204.00 ➝ $218.00	+17.43%
2/3/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$193.00 ➝ $210.00	+13.12%
2/3/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Sector Perform	$164.00 ➝ $177.00	-4.66%
2/3/2023	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral	$175.00 ➝ $185.00	-0.35%
12/21/2022	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$180.00	+6.67%
12/12/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$160.00	-8.71%
11/3/2022	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Underweight	$116.00 ➝ $126.00	-23.94%
11/3/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$175.00 ➝ $187.00	+16.29%
7/15/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		$160.00 ➝ $140.00	+9.94%
7/8/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform	$180.00	+37.65%

(Data available from 6/8/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

TT Price Target - Frequently Asked Questions

What is Trane Technologies's consensus rating and price target?: According to the issued ratings of 17 analysts in the last year, the consensus rating for Trane Technologies stock is Hold based on the current 3 sell ratings, 7 hold ratings and 7 buy ratings for TT. The average twelve-month price prediction for Trane Technologies is $182.58 with a high price target of $224.00 and a low price target of $126.00. Learn more on TT's analyst rating history.
Do Wall Street analysts like Trane Technologies more than its competitors?: Analysts like Trane Technologies less than other Business Services companies. The consensus rating for Trane Technologies is Hold while the average consensus rating for business services companies is Buy. Learn more on how TT compares to other companies.
Does Trane Technologies's stock price have much upside?: According to analysts, Trane Technologies's stock has a predicted upside of 6.74% based on their 12-month price targets.

What analysts cover Trane Technologies?: Trane Technologies has been rated by 888, 92 Resources, Barclays, Deutsche Bank Aktiengesellschaft, Oppenheimer, Robert W. Baird, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:TT) was last updated on 6/8/2023 by MarketBeat.com Staff

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