On May 1, 2025, Wells Fargo analyst Joseph O'Dea announced an update regarding Trane Technologies (TT, Financial), maintaining an "Underweight" rating while adjusting the price target upwards. The latest financial insights reveal that the price target has been raised from USD 330.00 to USD 370.00, marking a 12.12% increase.
This adjustment places emphasis on Trane Technologies' projected market valuation, highlighting Wells Fargo's updated perspective on the stock despite the unchanged "Underweight" rating. Both the previous and current ratings reflect a cautious stance on TT, though the increased price target indicates an improved outlook.
These latest developments are part of Wells Fargo's continuous assessment of Trane Technologies (TT, Financial), with a focus on providing investors accurate and timely updates to guide their investment strategies.
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 1.13% from the current price of $392.98. 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 26.15% from the current price of $392.98. 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.
