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 TipRanks.com, 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.

.

See today’s analyst top recommended stocks >>

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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.