Trane Technologies - TT Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $251.83
  • Forecasted Upside: -13.44%
  • Number of Analysts: 11
  • Breakdown:
  • 1 Sell Ratings
  • 6 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$290.95
▼ -2.93 (-1.00%)

This chart shows the closing price for TT by one month, three months, or twelve months.

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Analyst Price Target for TT

Analyst Price Target is $251.83
▼ -13.44% Downside Potential
This price target is based on 11 analysts offering 12 month price targets for Trane Technologies in the last 3 months. The average price target is $251.83, with a high forecast of $355.00 and a low forecast of $191.00. The average price target represents a -13.44% upside from the last price of $290.95.

This chart shows the closing price for TT for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 11 polled investment analysts is to hold stock in Trane Technologies. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
10/24/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
1/22/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
4/22/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
7/21/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
10/19/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
1/17/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
3/17/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings
4/16/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 6 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/8/2024CitigroupBoost TargetBuy ➝ Buy$309.00 ➝ $355.00Low
4/2/2024BarclaysBoost TargetOverweight ➝ Overweight$286.00 ➝ $325.00Low
2/6/2024StephensBoost TargetEqual Weight ➝ Equal Weight$235.00 ➝ $280.00Low
2/5/2024The Goldman Sachs GroupBoost TargetNeutral ➝ Neutral$253.00 ➝ $287.00Low
2/2/2024Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$231.00 ➝ $246.00Low
12/19/2023Wells Fargo & CompanyBoost TargetUnderweight ➝ Underweight$200.00 ➝ $246.00Low
12/11/2023CitigroupBoost TargetBuy ➝ Buy$246.00 ➝ $269.00Low
11/2/2023BarclaysBoost TargetOverweight ➝ Overweight$222.00 ➝ $226.00N/A
11/2/2023Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$204.00 ➝ $231.00N/A
10/9/2023Wells Fargo & CompanyLower Target$195.00 ➝ $190.00Low
10/6/2023JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral$191.00Low
10/5/2023Bank of AmericaUpgradeUnderperform ➝ Neutral$187.00 ➝ $210.00Low
9/22/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$231.00 ➝ $234.00Low
9/15/2023HSBCInitiated CoverageBuy$256.00Low
8/3/2023Morgan StanleyBoost TargetOverweight ➝ Overweight$210.00 ➝ $231.00Low
8/3/2023Bank of AmericaBoost TargetUnderperform ➝ Underperform$160.00 ➝ $187.00Low
8/3/2023Royal Bank of CanadaBoost TargetSector Perform ➝ Sector Perform$194.00 ➝ $204.00Low
8/3/2023BarclaysBoost TargetOverweight ➝ Overweight$210.00 ➝ $222.00Low
8/3/2023MizuhoBoost TargetNeutral ➝ Neutral$185.00 ➝ $200.00Low
8/3/2023CitigroupBoost Target$218.00 ➝ $237.00Low
7/19/2023Morgan StanleyReiterated RatingOverweight ➝ Overweight$210.00Low
7/10/2023Wells Fargo & CompanyBoost Target$172.00 ➝ $181.00Low
7/10/2023BarclaysBoost Target$201.00 ➝ $210.00Low
5/4/2023888Reiterated RatingMaintainsLow
5/4/2023Robert W. BairdLower Target$200.00 ➝ $192.00Low
5/4/2023BarclaysBoost Target$200.00 ➝ $201.00Low
4/14/2023The Goldman Sachs GroupLower TargetNeutral$203.00 ➝ $178.00Low
4/13/2023Wells Fargo & CompanyLower TargetUnderweight$176.00 ➝ $163.00Low
4/12/2023Deutsche Bank AktiengesellschaftLower TargetHold$184.00 ➝ $183.00Low
3/27/2023OppenheimerInitiated CoverageMarket PerformLow
3/7/2023UBS GroupBoost TargetBuy$200.00 ➝ $224.00Low
2/8/2023ArgusBoost Target$185.00 ➝ $200.00Low
2/6/2023The Goldman Sachs GroupBoost TargetNeutral$178.00 ➝ $203.00Low
2/6/2023StephensBoost TargetEqual Weight$170.00 ➝ $185.00Low
2/3/2023Wells Fargo & CompanyBoost TargetUnderweight$163.00 ➝ $176.00Low
2/3/2023Deutsche Bank AktiengesellschaftBoost Target$170.00 ➝ $184.00Low
2/3/2023CitigroupBoost TargetBuy$204.00 ➝ $218.00Low
2/3/2023Morgan StanleyBoost TargetOverweight$193.00 ➝ $210.00Low
2/3/2023Royal Bank of CanadaBoost TargetSector Perform$164.00 ➝ $177.00Low
2/3/2023MizuhoBoost TargetNeutral$175.00 ➝ $185.00N/A
1/19/2023Wells Fargo & CompanyBoost TargetUnderweight$160.00 ➝ $163.00Low
1/13/2023MizuhoBoost TargetNeutral$155.00 ➝ $175.00Low
1/6/2023Morgan StanleyBoost TargetOverweight$183.00 ➝ $193.00Low
1/5/2023Wells Fargo & CompanyBoost TargetUnderweight$142.00 ➝ $160.00Low
1/5/2023BarclaysBoost TargetOverweight$190.00 ➝ $193.00Low
1/4/2023UBS GroupUpgradeNeutral ➝ Buy$168.00 ➝ $200.00Low
12/21/2022BMO Capital MarketsDowngradeOutperform ➝ Market Perform$180.00Low
12/12/2022Bank of AmericaDowngradeNeutral ➝ Underperform$160.00Low
12/9/2022CitigroupBoost Target$185.00 ➝ $204.00Low
12/1/2022BarclaysBoost Target$170.00 ➝ $190.00Low
11/8/2022ArgusBoost Target$170.00 ➝ $185.00Low
11/3/2022JPMorgan Chase & Co.Boost TargetUnderweight$116.00 ➝ $126.00Low
11/3/2022Royal Bank of CanadaBoost TargetSector Perform$155.00 ➝ $162.00Low
11/3/2022The Goldman Sachs GroupBoost TargetNeutral$151.00 ➝ $168.00Low
11/3/2022Morgan StanleyBoost TargetOverweight$166.00 ➝ $183.00Low
11/3/2022Credit Suisse GroupBoost TargetOutperform$175.00 ➝ $187.00Low
11/3/2022CitigroupBoost TargetBuy$176.00 ➝ $185.00Low
10/13/2022Deutsche Bank AktiengesellschaftBoost TargetHold$151.00 ➝ $155.00Low
10/12/2022Morgan StanleyLower TargetOverweight$168.00 ➝ $166.00Low
10/10/2022CitigroupLower Target$177.00 ➝ $176.00Low
9/1/2022Morgan StanleyBoost TargetOverweight$166.00 ➝ $168.00Low
8/15/2022BMO Capital MarketsBoost TargetOutperform$155.00 ➝ $180.00Low
8/4/2022Credit Suisse GroupBoost TargetOutperform$165.00 ➝ $169.00Low
8/4/2022The Goldman Sachs GroupBoost TargetNeutral$132.00 ➝ $151.00Low
8/4/2022BarclaysBoost TargetOverweight$160.00 ➝ $166.00N/A
8/4/2022MizuhoBoost TargetNeutral$140.00 ➝ $150.00N/A
8/4/2022Morgan StanleyBoost TargetOverweight$153.00 ➝ $166.00N/A
8/4/2022Wells Fargo & CompanyBoost TargetUnderweight$123.00 ➝ $133.00Low
8/4/2022CitigroupBoost Target$160.00 ➝ $177.00Low
7/19/2022Credit Suisse GroupSet Target$165.00Low
7/18/2022MizuhoLower TargetNeutral$180.00 ➝ $140.00Low
7/15/2022Morgan StanleyLower TargetOverweight$155.00 ➝ $153.00Low
7/15/2022Jefferies Financial GroupLower Target$160.00 ➝ $140.00Low
7/13/2022Deutsche Bank AktiengesellschaftLower TargetHold$162.00 ➝ $146.00N/A
7/12/2022Wells Fargo & CompanyLower Target$124.00 ➝ $123.00N/A
7/8/2022CowenUpgradeMarket Perform ➝ Outperform$180.00N/A
7/8/2022BarclaysLower TargetOverweight$165.00 ➝ $160.00N/A
7/8/2022CowenUpgradeMarket Perform ➝ Outperform$180.00N/A
6/29/2022Wells Fargo & CompanyLower TargetUnderweight$131.00 ➝ $124.00Low
6/23/2022The Goldman Sachs GroupLower TargetNeutral$156.00 ➝ $132.00Low
5/31/2022Morgan StanleyLower TargetOverweight$169.00 ➝ $155.00High
5/24/2022BarclaysLower TargetOverweight$180.00 ➝ $165.00Low
5/9/2022Wells Fargo & CompanyLower Target$153.00 ➝ $131.00Low
5/5/2022Deutsche Bank AktiengesellschaftLower Target$171.00 ➝ $162.00High
5/5/2022Credit Suisse GroupLower Target$194.00 ➝ $178.00High
5/5/2022BarclaysLower Target$205.00 ➝ $180.00High
5/5/2022CitigroupLower Target$205.00 ➝ $190.00High
4/14/2022Deutsche Bank AktiengesellschaftLower TargetHold$184.00 ➝ $171.00Medium
4/7/2022The Goldman Sachs GroupLower TargetNeutral$180.00 ➝ $157.00Low
4/4/2022BarclaysLower TargetOverweight$216.00 ➝ $205.00Low
2/1/2022Wolfe ResearchLower TargetPeer Perform$210.00 ➝ $202.00Low
2/1/2022CitigroupLower TargetBuy$242.00 ➝ $228.00Low
2/1/2022Credit Suisse GroupLower TargetOutperform$213.00 ➝ $204.00Low
2/1/2022Wells Fargo & CompanyLower TargetUnderweight$185.00 ➝ $174.00Low
2/1/2022MizuhoLower TargetNeutral$205.00 ➝ $180.00Low
2/1/2022Deutsche Bank AktiengesellschaftLower TargetHold$189.00 ➝ $184.00Low
1/14/2022Morgan StanleyLower TargetOverweight$217.00 ➝ $213.00Medium
1/3/2022Vertical ResearchDowngradeBuy ➝ Hold$214.00High
12/16/2021MizuhoInitiated CoverageNeutral$205.00High
11/4/2021Morgan StanleyBoost TargetOverweight$216.00 ➝ $217.00Low
11/4/2021Royal Bank of CanadaLower TargetSector Perform$185.00 ➝ $183.00Low
11/4/2021StephensBoost TargetEqual Weight$200.00 ➝ $205.00High
10/7/2021Wells Fargo & CompanyInitiated CoverageUnderweight$163.00High
8/9/2021JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$160.00Low
8/5/2021ArgusBoost TargetBuy$200.00 ➝ $220.00High
8/5/2021Credit Suisse GroupBoost TargetOutperform$196.00 ➝ $214.00High
7/14/2021Deutsche Bank AktiengesellschaftBoost TargetHold$184.00 ➝ $203.00Low
5/12/2021BMO Capital MarketsBoost TargetPositive ➝ Outperform$170.00 ➝ $210.00High
5/6/2021Royal Bank of CanadaBoost TargetPositive ➝ Sector Perform$164.00 ➝ $181.00Low
5/6/2021Morgan StanleyBoost TargetOverweight$187.00 ➝ $205.00Low
5/6/2021Credit Suisse GroupBoost TargetOutperform$175.00 ➝ $190.00Medium
5/6/2021Deutsche Bank AktiengesellschaftBoost TargetHold$157.00 ➝ $184.00Medium
5/6/2021BarclaysBoost TargetOverweight$180.00 ➝ $200.00Medium
4/13/2021Deutsche Bank AktiengesellschaftBoost TargetHold$150.00 ➝ $157.00Low
4/12/2021Morgan StanleyBoost TargetOverweight$168.00 ➝ $187.00Medium
4/6/2021BarclaysBoost TargetOverweight$173.00 ➝ $180.00Low
2/8/2021Royal Bank of CanadaBoost TargetSector Perform$137.00 ➝ $145.00Low
2/8/2021Morgan StanleyBoost TargetOverweight$150.00 ➝ $168.00Low
2/8/2021Credit Suisse GroupBoost TargetOutperform$158.00 ➝ $166.00High
2/8/2021Deutsche Bank AktiengesellschaftBoost TargetHold$143.00 ➝ $151.00High
2/8/2021BarclaysBoost TargetOverweight$170.00 ➝ $173.00High
1/15/2021Jefferies Financial GroupBoost TargetHold$140.00 ➝ $160.00Low
12/15/2020Credit Suisse GroupBoost TargetOutperform$141.00 ➝ $146.00Medium
12/8/2020Wolfe ResearchUpgradeUnderperform ➝ Peer PerformLow
11/30/2020BarclaysBoost TargetOverweight$155.00 ➝ $165.00High
11/19/2020The Goldman Sachs GroupDowngradeBuy ➝ Neutral$154.00Medium
11/13/2020ArgusUpgradeHold ➝ Buy$160.00Low
11/11/2020Bank of AmericaDowngradeBuy ➝ Underperform$155.00Low
10/29/2020Deutsche Bank AktiengesellschaftBoost TargetHold$120.00 ➝ $131.00Low
10/29/2020Credit Suisse GroupBoost Target$132.00 ➝ $141.00Low
10/29/2020Smith Barney CitigroupBoost Target$147.00 ➝ $152.00Low
10/29/2020Morgan StanleyBoost TargetOverweight$122.00 ➝ $150.00High
10/16/2020Bank of AmericaBoost TargetBuy$135.00 ➝ $140.00Low
10/15/2020StephensInitiated CoverageEqual WeightLow
10/13/2020Morgan StanleyBoost TargetOverweight$119.00 ➝ $122.00Low
10/13/2020Deutsche Bank AktiengesellschaftBoost TargetHold$111.00 ➝ $120.00Medium
10/7/2020JPMorgan Chase & Co.Boost TargetNeutral$102.00 ➝ $109.00Low
10/5/2020BarclaysBoost TargetOverweight$120.00 ➝ $135.00High
7/30/2020CitigroupBoost TargetBuy$106.00 ➝ $125.00Medium
7/30/2020Deutsche Bank AktiengesellschaftBoost TargetHold$100.00 ➝ $111.00High
7/30/2020Credit Suisse GroupBoost TargetOutperform$108.00 ➝ $117.00High
7/30/2020Morgan StanleyBoost TargetOverweight$112.00 ➝ $119.00High
7/30/2020Royal Bank of CanadaBoost TargetSector Perform$81.00 ➝ $97.00High
7/30/2020BarclaysBoost TargetOverweight$102.00 ➝ $120.00High
7/7/2020BarclaysLower TargetOverweight$106.00 ➝ $102.00Medium
6/22/2020UBS GroupInitiated CoverageNeutral$95.00Low
6/8/2020Credit Suisse GroupBoost TargetOutperform$91.00 ➝ $108.00High
6/5/2020Morgan StanleyBoost TargetOverweight$91.00 ➝ $112.00Medium
5/27/2020ArgusDowngradeBuy ➝ HoldHigh
5/26/2020Bank of AmericaUpgradeNeutral ➝ Buy$100.00High
5/14/2020CowenDowngradeOutperform ➝ Market Perform$107.00 ➝ $85.00High
5/6/2020Robert W. BairdLower TargetNeutral$90.00 ➝ $80.00Low
5/6/2020Morgan StanleyLower TargetOverweight$95.00 ➝ $91.00Medium
5/6/2020Credit Suisse GroupLower TargetOutperform$105.00 ➝ $91.00High
5/6/2020CitigroupLower TargetBuy$97.00 ➝ $93.00High
5/6/2020Deutsche Bank AktiengesellschaftLower TargetHold$95.00 ➝ $86.00High
4/16/2020Royal Bank of CanadaReiterated RatingHold$77.00High
4/15/2020Wolfe ResearchDowngradeMarket Perform ➝ Underperform$90.00Low
4/9/2020Deutsche Bank AktiengesellschaftLower TargetHold$114.00 ➝ $95.00Medium
4/6/2020BarclaysReiterated RatingBuy$105.00High
4/2/2020The Goldman Sachs GroupInitiated CoverageBuy$100.00High
4/1/2020CitigroupInitiated CoverageBuy$97.00Medium
4/1/2020Bank of AmericaDowngradeBuy ➝ Neutral$93.00Low
3/23/2020Vertical ResearchDowngradeHoldHigh
3/23/2020Morgan StanleyLower TargetOverweight$115.00 ➝ $95.00Low
3/18/2020JPMorgan Chase & Co.DowngradeOverweight ➝ Neutral$88.00High
3/18/2020KeyCorpLower TargetOverweight$145.00 ➝ $112.00High
3/17/2020Morgan StanleyLower TargetOverweight$128.00 ➝ $115.00Medium
3/10/2020Deutsche Bank AktiengesellschaftInitiated CoverageHold$114.00Medium
3/6/2020BarclaysReiterated RatingBuy$125.00Low
3/4/2020Credit Suisse GroupInitiated CoverageOutperform$124.00High
3/3/2020Royal Bank of CanadaLower TargetSector Perform$134.00 ➝ $99.00N/A
(Data available from 4/16/2019 forward)

News Sentiment Rating

1.20 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 25 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
9/19/2023
  • 23 very positive mentions
  • 16 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
10/19/2023
  • 16 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/18/2023
  • 26 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/18/2023
  • 24 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/17/2024
  • 43 very positive mentions
  • 24 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
2/16/2024
  • 33 very positive mentions
  • 15 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
3/17/2024
  • 23 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/16/2024

Current Sentiment

  • 23 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Trane Technologies logo
Trane Technologies plc, together with its subsidiaries, designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, custom, and custom and transport refrigeration in Ireland and internationally. It offers air conditioners, exchangers, and handlers; airside and terminal devices; air sourced heat pumps, auxiliary power units; chillers; coils and condensers; gensets; dehumidifiers; ductless; furnaces; home automation products; humidifiers; indoor air quality assessments and related products; large and light commercial unitary products; refrigerant reclamation products; thermostats/controls; transport heater products; variable refrigerant flow products; and water source heat pumps. The company also provides building management, telematic, control, energy efficiency and infrastructure program, geothermal, thermal energy, thermostats, rate chambers, package heating and cooling, temporary heating and cooling, and unitary systems; bus, rail, and multi-pipe heating, ventilation, and air conditioning systems; and container, diesel-powered, truck, industrial, rail, self-powered truck, trailer, and vehicle-powered truck refrigeration and air filtration systems, as well as aftermarket and OEM parts and supplies. In addition, it offers energy and facility management, installation and performance contracting, repair and maintenance, and rental services. It markets and sells its products under the Trane and Thermo King brands through sales offices, distributors, and dealers; and through sales and service companies with a supporting chain of distributors. The company was formerly known as Ingersoll-Rand Plc and changed its name to Trane Technologies plc in March 2020. Trane Technologies plc was founded in 1885 and is headquartered in Swords, Ireland.
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Today's Range

Now: $290.95
Low: $290.55
High: $294.15

50 Day Range

MA: $288.12
Low: $269.37
High: $304.66

52 Week Range

Now: $290.95
Low: $162.04
High: $306.98

Volume

111,967 shs

Average Volume

994,505 shs

Market Capitalization

$66.07 billion

P/E Ratio

33.10

Dividend Yield

1.13%

Beta

1.05

Frequently Asked Questions

What sell-side analysts currently cover shares of Trane Technologies?

The following sell-side analysts have issued research reports on Trane Technologies in the last year: 888 Holdings plc, Bank of America Co., Barclays PLC, Citigroup Inc., HSBC Holdings plc, JPMorgan Chase & Co., Mizuho, Morgan Stanley, Robert W. Baird, Royal Bank of Canada, Stephens, The Goldman Sachs Group, Inc., and Wells Fargo & Company.
View the latest analyst ratings for TT.

What is the current price target for Trane Technologies?

12 Wall Street analysts have set twelve-month price targets for Trane Technologies in the last year. Their average twelve-month price target is $251.83, suggesting a possible downside of 13.4%. Citigroup Inc. has the highest price target set, predicting TT will reach $355.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $191.00 for Trane Technologies in the next year.
View the latest price targets for TT.

What is the current consensus analyst rating for Trane Technologies?

Trane Technologies currently has 1 sell rating, 6 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TT, but not buy more shares or sell existing shares.
View the latest ratings for TT.

What other companies compete with Trane Technologies?

How do I contact Trane Technologies' investor relations team?

Trane Technologies' physical mailing address is 170/175 LAKEVIEW DRIVE AIRSIDE BUSINESS PARK SWORDS, DUBLIN L2, 28036. The company's listed phone number is (531) 870-7400 and its investor relations email address is [email protected]. The official website for Trane Technologies is www.tranetechnologies.com. Learn More about contacing Trane Technologies investor relations.