On 5/1/24, Trinity Industries Inc (NYSE: TRN) stock enjoyed a major increase of 13.6%, closing at $29.55. Moreover, this advance was accompanied by exceptionally high trading volume at 250% of normal. Relative to the market the stock has been strong over the last nine months and has risen 10.4% during the last week.
Current PriceTarget Research Rating
TRN is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Trinity Industries has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Trinity Industries has a neutral Power Rating of 54 and a slightly positive Appreciation Score of 60, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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