Cowen & Co. Maintains a Buy Rating on Trinity Industries (TRN)

By Austin Angelo

Cowen & Co. analyst Matt Elkott maintained a Buy rating on Trinity Industries (NYSE: TRN) today and set a price target of $47. The company’s shares closed yesterday at $28.55, close to its 52-week low of $26.90.

Elkott has an average return of 12.8% when recommending Trinity Industries.

According to, Elkott is ranked #688 out of 4895 analysts.

Currently, the analyst consensus on Trinity Industries is a Strong Buy with an average price target of $45.25, representing a 58.5% upside. In a report issued on October 30, Mizuho Securities also maintained a Buy rating on the stock with a $40 price target.


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Trinity Industries’ market cap is currently $4.22B and has a P/E ratio of 6.64. The company has a Price to Book ratio of 0.98.

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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, Railcar Leasing and Management Services Group, and All Other.