Stifel Nicolaus Keeps Their Buy Rating on Trinity Industries

By Jason Carr

Stifel Nicolaus analyst Michael Baudendistel reiterated a Buy rating on Trinity Industries (NYSE: TRN) yesterday and set a price target of $43. The company’s shares closed yesterday at $37.27, close to its 52-week high of $38.25.

According to, Baudendistel is a 4-star analyst with an average return of 7.1% and a 68.8% success rate. Baudendistel covers the Industrial Goods sector, focusing on stocks such as Wabash National Corp, Freightcar America, and LB Foster Company.

Currently, the analyst consensus on Trinity Industries is Strong Buy and the average price target is $43, representing a 15.4% upside.

In a report issued on December 13, Cowen & Co. also reiterated a Buy rating on the stock with a $46 price target.

Trinity Industries’ market cap is currently $5.64B and has a P/E ratio of 24.85. The company has a book value ratio of 1.4149.

Based on the recent corporate insider activity of 44 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TRN in relation to earlier this year.

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Trinity Industries, Inc. engages in the provision of products and services to the energy, transportation, chemical, and construction sectors. It operates through the following segments: Rail Group, Construction Products Group, Inland Barge Group, Energy Equipment Group, and Railcar Leasing and Management Services Group.