Robert W. Baird analyst Timothy Wojs maintained a Hold rating on Trane Technologies (NYSE:TT) on Wednesday, setting a price target of $168, which is approximately 11.04% above the present share price of $151.3.
Wojs expects Trane Technologies to post earnings per share (EPS) of $1.02 for the first 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 $158.
The analysts price targets range from a high of $173 to a low of $130.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $3.18 billion and a net profit of $388 million. The company's market cap is $36.07 billion.
According to TipRanks.com, Robert W. Baird analyst Timothy Wojs is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 3.2% and a 57.75% success rate.
Ingersoll Rand (NYSE:IR) is a diversified industrial company that currently operates two segments. The $12.3 billion climate segment manufactures and services HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $3.3 billion industrial segment sells Ingersoll Rand-branded compression systems and power tools, ARO-branded fluid management equipment, and Club Car-branded utility vehicles. Ingersoll Rand announced it will spin off and merge its industrial segment with Gardner Denver in 2020 and operate as a pure-play HVAC and refrigeration business thereafter. The Irish-domiciled company generates approximately two thirds of its sales in the United States.