In a recent update, analyst Stephen Tusa from JP Morgan has maintained a 'Neutral' rating on Trane Technologies (TT, Financial). The decision to sustain the current rating reflects a consistent outlook on the company's performance.
However, JP Morgan has adjusted its price target for Trane Technologies (TT, Financial), raising it from $323.00 to $334.00. This adjustment signifies a 3.41% increase in the price target, indicating a positive expectation for the stock's potential in the market.
The announcement was made on May 1, 2025, adding a noteworthy insight into Trane Technologies' (TT, Financial) valuation and future prospects. The company continues to be monitored closely by investors and market analysts, given these updates.
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 0.30% from the current price of $396.23. 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 26.76% from the current price of $396.23. 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.
