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Analyst Rating: Will Trane Technologies PLC (TT) Stock Beat the Market?

Monday, November 27, 2023 03:46 PM | InvestorsObserver Analysts

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Analyst Rating: Will Trane Technologies PLC (TT) Stock Beat the Market?

InvestorsObserver is giving Trane Technologies PLC (TT) an Analyst Rating Rank of 20, meaning TT is ranked higher by analysts than 20% of stocks. The average price target for TT is $218.562 and analyst’s rate the stock as a Buy.

Overall Score - 3.5
Wall Street analysts are rating TT a Buy today. Find out what this means to you and get the rest of the rankings on TT!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With Trane Technologies PLC Stock Today?

Trane Technologies PLC (TT) stock is trading at $226.67 as of 3:36 PM on Monday, Nov 27, a drop of -$1.89, or -0.83% from the previous closing price of $228.56. The stock has traded between $225.40 and $228.40 so far today. Volume today is light. So far 566,492 shares have traded compared to average volume of 1,379,267 shares. Click Here to get the full Stock Report for Trane Technologies PLC stock.

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