On July 10, 2025, Loop Capital maintained its 'Hold' rating on Trex Co (TREX, Financial), a leading manufacturer of wood-alternative decking products. This decision reflects ongoing confidence in the company's performance and market position.
Analyst Jeffrey Stevenson of Loop Capital announced a revised price target for TREX at $66.00, an increase from the previous target of $62.00. This adjustment represents a 6.45% increase in the projected stock value, indicating a positive outlook for Trex Co's future performance.
The adjustments made by Loop Capital suggest a cautiously optimistic view on TREX, with the maintained 'Hold' rating implying that while potential for growth exists, the stock may not outperform the market significantly in the near term.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for Trex Co Inc (TREX, Financial) is $67.69 with a high estimate of $85.00 and a low estimate of $54.00. The average target implies an upside of 5.58% from the current price of $64.11. More detailed estimate data can be found on the Trex Co Inc (TREX) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, Trex Co Inc's (TREX, 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 Trex Co Inc (TREX, Financial) in one year is $72.15, suggesting a upside of 12.54% from the current price of $64.11. 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 Trex Co Inc (TREX) Summary page.