In a report released today, Matt Elkott from Cowen & Co. maintained a Buy rating on Trinity Industries (TRN – Research Report), with a price target of $36.00. The companys shares closed last Thursday at $24.06, close to its 52-week low of $22.21.

According to TipRanks.com, Elkott is a 5-star analyst with an average return of 13.3% and a 52.1% success rate. Elkott covers the Industrial Goods sector, focusing on stocks such as Freightcar America, Caterpillar, and Greenbrier.

Trinity Industries has an analyst consensus of Moderate Buy, with a price target consensus of $36.00.

See Insiders’ Hot Stocks on TipRanks >> Trinity Industries market cap is currently $2.01B and has a P/E ratio of 50.79. 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 rail transportation products and services in North America. It operates through the following segments: Railcar Leasing and Management Services Group, Rail Products Group and All Other. The Railcar Leasing and Management Services Group segment provides railcar industry services. The Rail Products Group segment includes the results of heads business. The All Other segment includes the results of highway products business. The company was founded in 1933 and is headquartered in Dallas, TX. Read More on TRN:

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