Throughout the last three months, 11 analysts have evaluated Trane Technologies (NYSE:TT), offering a diverse set of opinions from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

BullishSomewhat BullishIndifferentSomewhat BearishBearishTotal Ratings04430Last 30D010001M Ago010102M Ago001003M Ago02320

In the assessment of 12-month price targets, analysts unveil insights for Trane Technologies, presenting an average target of $363.55, a high estimate of $425.00, and a low estimate of $310.00. Observing a 4.86% increase, the current average has risen from the previous average price target of $346.70.

price target chart

Interpreting Analyst Ratings: A Closer Look

The standing of Trane Technologies among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

AnalystAnalyst FirmAction TakenRatingCurrent Price TargetPrior Price TargetJulian MitchellBarclaysRaisesOverweight$425.00$394.00Chris SnyderMorgan StanleyAnnouncesOverweight$425.00-Joe O'DeaWells FargoRaisesUnderweight$320.00$315.00Tommy MollStephens & Co.MaintainsEqual-Weight$350.00$350.00Julian MitchellBarclaysRaisesOverweight$394.00$385.00Deane DrayRBC CapitalRaisesSector Perform$350.00$334.00Gabe HajdeWells FargoRaisesUnderweight$315.00$310.00Timothy WojsBairdRaisesNeutral$365.00$360.00Timothy WojsBairdRaisesNeutral$360.00$344.00Julian MitchellBarclaysRaisesOverweight$385.00$380.00Gabe HajdeWells FargoRaisesUnderweight$310.00$295.00Key Insights:

Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. ...

Full story available on Benzinga.com