Trane Technologies (TT) Stock Forecast & Price Target

$355.41 -5.11 (-1.42%)

Closing price 02/4/2025 03:59 PM Eastern

Extended Trading

$355.48 +0.08 (+0.02%)

As of 02/4/2025 07:05 PM Eastern

Trane Technologies - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 17 Analyst Ratings

Sell
1

Hold
10

Buy
6

Based on 17 Wall Street analysts who have issued ratings for Trane Technologies in the last 12 months, the stock has a consensus rating of "Hold." Out of the 17 analysts, 1 has given a sell rating, 10 have given a hold rating, and 6 have given a buy rating for TT.

Consensus Price Target

$415.25
16.84% Upside

According to the 17 analysts' twelve-month price targets for Trane Technologies, the average price target is $415.25. The highest price target for TT is $500.00, while the lowest price target for TT is $350.00. The average price target represents a forecasted upside of 16.84% from the current price of $355.41.

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TT Analyst Ratings Over Time

Type	Current Forecast 2/6/24 to 2/5/25	1 Month Ago 1/7/24 to 1/6/25	3 Months Ago 11/8/23 to 11/7/24	1 Year Ago 2/6/23 to 2/6/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	5 Buy rating(s)	5 Buy rating(s)
Hold	10 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)	8 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$415.25	$413.14	$380.15	$229.60
Forecasted Upside	16.84% Upside	7.81% Upside	-3.98% Downside	-15.04% Downside
Consensus Rating	Hold	Hold	Hold	Hold

TT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

TT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Trane Technologies Stock vs. The Competition

Type	Trane Technologies	Construction Companies	S&P 500
Consensus Rating Score	2.29	2.62	2.53
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	16.80% Upside	23.45% Upside	12.98% Upside
News Sentiment Rating	Positive News See Recent TT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/31/2025	UBS Group 4 of 5 stars	Amit Mehrotra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$500.00 ➝ $470.00	+29.32%
1/31/2025	JPMorgan Chase & Co. 3 of 5 stars	Stephen Tusa Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$387.00 ➝ $396.00	+9.03%
1/31/2025	Wells Fargo & Company 3 of 5 stars	Joseph O'Dea Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Underweight ➝ Underweight	$380.00 ➝ $360.00	-0.88%
1/28/2025	Melius Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Scott Davis Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$398.00	+9.65%
1/13/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Andrew Kaplowitz Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$478.00 ➝ $476.00	+26.83%
1/3/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform ➝ Sector Perform	$390.00 ➝ $395.00	+3.83%
12/5/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$440.00 ➝ $500.00	+21.19%
11/22/2024	Northcoast Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	S. Snyder Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$500.00	+20.37%
10/31/2024	Hsbc Global Res Subscribe to MarketBeat All Access for the recommendation accuracy rating	W. Brooks Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
10/31/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Neutral ➝ Neutral	$408.00 ➝ $404.00	+7.58%
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10/31/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$405.00	+7.85%
10/17/2024	Mizuho Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$325.00 ➝ $400.00	+1.17%
10/9/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$364.00 ➝ $407.00	+2.43%
9/6/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Overweight	$425.00	+23.94%
8/5/2024	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight ➝ Equal Weight	$350.00 ➝ $350.00	+10.81%
5/1/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$325.00 ➝ $360.00	+13.53%
10/5/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral	$187.00 ➝ $210.00	+4.80%
5/4/2023	888 Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
4/12/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$184.00 ➝ $183.00	+6.99%
3/27/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform
2/8/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$185.00 ➝ $200.00	+10.83%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:53 AM ET.

Should I Buy Trane Technologies Stock? TT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, February 2, 2025. Please send any questions or comments about these Trane Technologies pros and cons to contact@marketbeat.com.

Trane Technologies
Bull Case

Here are some ways that investors could benefit from investing in Trane Technologies plc:

Trane Technologies plc has a strong market capitalization of $81.56 billion, indicating a robust financial position and potential for growth.
The company reported earnings per share (EPS) of $2.61, surpassing the consensus estimate of $2.52, which reflects strong operational performance and profitability.
Recent analyst upgrades suggest a positive outlook, with Goldman Sachs increasing their price objective to $407.00, indicating confidence in the company's future performance.
Trane Technologies plc has a solid return on equity of 34.62%, demonstrating effective management and the ability to generate profits from shareholders' equity.
The current stock price is $362.47, which may present a buying opportunity for investors looking to enter at a favorable valuation compared to its 12-month high of $422.00.

Trane Technologies
Bear Case

Investors should be bearish about investing in Trane Technologies plc for these reasons:

Recent downgrades from analysts, including Wells Fargo reducing their target price to $360.00, suggest a cautious outlook on the stock's performance.
The stock has experienced volatility, with a recent decline of 1.1%, indicating potential instability in the market.
Trane Technologies plc has a relatively high P/E ratio of 33.62, which may suggest that the stock is overvalued compared to its earnings, raising concerns for value investors.
Insider selling activity, such as the sale of 4,329 shares by a senior vice president, could signal a lack of confidence in the company's short-term prospects.
With 82.97% of the stock owned by hedge funds and institutional investors, retail investors may have less influence on the stock's performance and direction.

TT Forecast - Frequently Asked Questions

: According to the research reports of 17 Wall Street equities research analysts, the average twelve-month stock price forecast for Trane Technologies is $415.25, with a high forecast of $500.00 and a low forecast of $350.00.
: 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Trane Technologies in the last year. There is currently 1 sell rating, 10 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TT, but not buy additional shares or sell existing shares.
: According to analysts, Trane Technologies's stock has a predicted upside of 16.84% based on their 12-month stock forecasts.
: Over the previous 90 days, Trane Technologies's stock had 1 downgrade by analysts.
: Trane Technologies has been rated by research analysts at Barclays, Citigroup, JPMorgan Chase & Co., Melius, Melius Research, Northcoast Research, Royal Bank of Canada, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Trane Technologies less than other "construction" companies. The consensus rating for Trane Technologies is Hold while the average consensus rating for "construction" companies is Moderate Buy. Learn more on how TT compares to other companies.

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This page (NYSE:TT) was last updated on 2/5/2025 by MarketBeat.com Staff

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Trane Technologies (TT) Stock Forecast & Price Target