Shares of Triton International Limited (NASDAQ:TRTN) have been assigned a consensus rating of “Buy” from the seven ratings firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $39.40.
A number of research analysts have weighed in on TRTN shares. BidaskClub cut shares of Triton International Limited from a “strong-buy” rating to a “buy” rating in a report on Tuesday, October 31st. Zacks Investment Research raised shares of Triton International Limited from a “hold” rating to a “buy” rating and set a $40.00 price objective for the company in a report on Thursday, July 27th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $40.00 price objective (up previously from $35.00) on shares of Triton International Limited in a report on Thursday, August 10th. Cowen and Company reaffirmed a “buy” rating and issued a $44.00 price objective (up previously from $40.00) on shares of Triton International Limited in a report on Thursday, August 10th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $35.00 price objective on shares of Triton International Limited in a report on Thursday, August 10th.
WARNING: This news story was originally published by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://stocknewstimes.com/2017/11/21/brokerages-set-triton-international-limited-trtn-pt-at-39-40.html.
In other news, VP Michelle Gallagher sold 1,000 shares of the business’s stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $40.00, for a total transaction of $40,000.00. Following the completion of the sale, the vice president now owns 23,158 shares of the company’s stock, valued at $926,320. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Triton International Limited (NASDAQ:TRTN) traded up $1.07 on Thursday, reaching $40.84. 349,670 shares of the company’s stock were exchanged, compared to its average volume of 480,156. Triton International Limited has a one year low of $11.50 and a one year high of $41.29.
Triton International Limited (NASDAQ:TRTN) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. The firm had revenue of $281.90 million during the quarter, compared to analysts’ expectations of $281.09 million. During the same period in the previous year, the firm posted $0.88 EPS. The firm’s quarterly revenue was up 78.1% on a year-over-year basis.
About Triton International Limited
Receive News & Ratings for Triton International Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triton International Limited and related companies with MarketBeat.com's FREE daily email newsletter.