Analyst Price Target is $47.50
▼ -4.98% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Textainer Group in the last 3 months. The average price target is $47.50, with a high forecast of $50.00 and a low forecast of $45.00. The average price target represents a -4.98% upside from the last price of $49.99.
Current Consensus is
Hold
The current consensus among 2 contributing investment analysts is to hold stock in Textainer Group. This Hold consensus rating has held steady for over two years.
Textainer Group Holdings Limited, through its subsidiaries, engages in the purchase, ownership, management, leasing, and disposal of a fleet of intermodal containers worldwide. It operates through three segments: Container Ownership, Container Management, and Container Resale. The company's containers include standard and specialized dry freight, and refrigerated containers, as well as other special-purpose containers, which include tank, 45', pallet-wide, and other types of containers. It also provides container management, acquisition, and disposal services to affiliated and unaffiliated container investors. In addition, the company is involved in the sale of containers from its fleet, as well as purchase, lease, or resale of containers from shipping line customers, container traders, and other sellers of containers. It operates a fleet of approximately 2.7 million containers representing 4.4 million twenty-foot equivalent units. The company primarily serves shipping lines, as well as freight forwarding companies and the U.S. military. Textainer Group Holdings Limited was founded in 1979 and is headquartered in Hamilton, Bermuda.
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