Cowen & Co. analyst Gautam Khanna maintained a Hold rating on Trane Technologies (NYSE:TT) on Tuesday, setting a price target of $180, which is approximately 5.85% below the present share price of $191.18.
Khanna expects Trane Technologies to post earnings per share (EPS) of $1.94 for the third quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Trane Technologies, with an average price target of $198.55.
The analysts price targets range from a high of $220 to a low of $160.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.83 billion and a net profit of $651 million. The company's market cap is $45.43 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 13.4% and a 70.14% 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.