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Deutsche Bank has adjusted its price target for Trane Technologies plc to $417 from $411 while maintaining a hold rating. Trane specializes in designing and manufacturing HVAC systems and temperature control equipment, with net sales primarily from equipment sales (67.1%) and services (32.9%). The company operates 36 manufacturing facilities globally, with a significant portion of its sales (80.2%) coming from the Americas.
Sound Income Strategies LLC significantly increased its stake in Trane Technologies by 1,314.3%, now holding 99 shares valued at $37,000. Hedge funds and institutional investors own 82.97% of the stock, while analysts maintain a "Hold" rating, with a consensus target price of $415.25. Recently, UBS Group lowered its target price from $500 to $470, suggesting a potential upside of 29.37%.
Deutsche Bank has revised its price target for Trane Technologies plc to $411 from $420. The company specializes in designing and manufacturing air conditioning systems and temperature control equipment, with net sales primarily from equipment sales (67.7%) and services (32.3%). As of the end of 2023, Trane operates 39 manufacturing facilities globally, with a significant portion of its sales coming from the Americas (78.2%).
Deutsche Bank has maintained a Buy rating on Celanese Corporation, anticipating a pivotal Q4 earnings report on February 18, which is expected to clarify the company's outlook under new CEO Scott Richardson. Despite a 47% decline in stock value over the past six months, analysts view the current trading price as attractive, with a P/E ratio of 7.26x, and foresee potential recovery in key markets. The company plans to reduce its quarterly dividend in early 2025 while focusing on cost management and operational excellence amidst ongoing macroeconomic challenges.
Trane Technologies plc (TT) is set to present at the UBS Global Industrials and Transportation Conference on December 3, 2024, starting at 8:50 AM ET. The live webcast can be accessed through their investor relations website.
Trane Technologies plc has received a Buy rating from UBS. The company specializes in designing, manufacturing, and marketing air conditioning and temperature control equipment, primarily under the Trane and Thermo King brands. In 2023, net sales were predominantly from equipment sales (67.7%), with services and spare parts accounting for 32.3%. The company operates 39 production sites globally, with a significant sales distribution in the Americas (78.2%).
Trane Technologies plc has received a Buy rating from UBS. The company specializes in designing, manufacturing, and marketing air conditioning and temperature control equipment, primarily under the Trane and Thermo King brands. In 2023, net sales were predominantly from equipment sales (67.7%), with services and spare parts accounting for 32.3%. The company operates 39 production sites globally, with a significant sales distribution in the Americas (78.2%).
Wescott Financial Advisory Group LLC, Greenleaf Trust, and Lake Street Advisors Group LLC have recently increased their stakes in Trane Technologies, with institutional investors owning 82.97% of the company. Analysts have mixed ratings on the stock, with UBS Group initiating coverage with a "buy" rating and a $500 price target, while others maintain a "hold" rating. Trane Technologies reported strong earnings, exceeding expectations with $3.37 per share and $5.44 billion in revenue for the last quarter.
Trane Technologies plc
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deutsche bank raises trane technologies price target while maintaining hold rating
12:11 27.03.2025
trane technologies sees significant institutional investment and mixed analyst ratings
20:43 01.02.2025
deutsche bank lowers trane technologies price target to 411 from 420
15:23 31.01.2025
deutsche bank maintains buy rating on celanese ahead of pivotal earnings report
Celanese Corporation
Deutsche Bank RV Global PP
Trane Technologies plc
USA
DEU
Christopher Kuehne
Scott Richardson
Edward Galante
Todd Elliott
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14:22 21.01.2025
trane technologies to present at ub s global conference on december third
13:54 03.12.2024
trane technologies receives buy rating from ubs amid strong market presence
19:04 13.11.2024
trane technologies receives buy rating from ubs amid strong market presence
19:04 13.11.2024
trane technologies sees mixed analyst ratings and institutional investment activity
17:40 13.11.2024
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