In recent developments, Baird analyst Timothy Wojs has maintained a "Neutral" rating on Trane Technologies (TT, Financial). Despite keeping the rating unchanged, Wojs has raised the price target for the stock. The new price target is now set at $396.00 USD, up from the previous target of $360.00 USD.
This adjustment represents a 10% increase in the price target for Trane Technologies (TT, Financial). The announcement, dated May 1, 2025, reflects Baird's updated valuation of the company in the current market environment.
The revised price target by Baird indicates confidence in Trane Technologies' (TT, Financial) potential for growth, even as the rating remains "Neutral." Investors may consider this updated target when evaluating their investment decisions regarding Trane Technologies (TT).
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Trane Technologies PLC (TT, Financial) is $397.43 with a high estimate of $476.00 and a low estimate of $237.34. The average target implies an upside of 1.10% from the current price of $393.12. More detailed estimate data can be found on the Trane Technologies PLC (TT) Forecast page.
Based on the consensus recommendation from 26 brokerage firms, Trane Technologies PLC's (TT, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Trane Technologies PLC (TT, Financial) in one year is $290.21, suggesting a downside of 26.18% from the current price of $393.1193. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Trane Technologies PLC (TT) Summary page.
