Trane

CFRA Cuts Rating On Shares Of Trane Technologies Plc To Hold From Buy

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We keep our 12-month price target at $229 on a forward P/E of 23x our ’24 EPS estimate, in line with the five-year average. We keep our ’23 EPS estimate as $8.98, ’24’s as $9.94, and ’25’s as $10.98. Our outlook on sales, margins, and EPS has not changed; however, we think shares are at fair value, and do not provide upside at this time.

CFRA Cuts Rating On Shares Of Trane Technologies Plc To Hold From Buy Read Post »

Scroll to Top