Cowen & Co. analyst Gautam Khanna maintained a Hold rating on Trane Technologies (NYSE:TT) on Thursday, setting a price target of $180, which is approximately 1.16% below the present share price of $182.11.
Khanna expects Trane Technologies to post earnings per share (EPS) of $0.98 for the second quarter of 2021.
The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Trane Technologies, with an average price target of $193.08.
The analysts price targets range from a high of $210 to a low of $180.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $3.02 billion and a net profit of $353.2 million. The company's market cap is $43.55 billion.
According to TipRanks.com, Cowen & Co. analyst Gautam Khanna is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.5% and a 69.44% success rate.
Ireland-based Trane Technologies plc is a diversified industrial manufacturing company formed by the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company. The company provides climate control solutions for buildings, homes, and transportation.