Trane Technologies Receives Positive Rating Update from Citi Analyst

Trane Technologies received a Buy rating from Andrew Kaplowitz at Citi with a $499 price target. The analyst maintains a 74.90% success rate and an average return of 28.2%. The consensus rating is Moderate Buy with an average price target of $475.54, representing an 11.58% upside from current levels.

Trane Technologies (TT), a leading provider of heating, ventilation, and air conditioning (HVAC) systems, has received a mix of analyst ratings and price targets for 2025. As of July 2, 2025, 16 Wall Street analysts have issued ratings, with a consensus rating of "Hold." Among these, five analysts have given a "Buy" rating, 10 have given a "Hold" rating, and one has given a "Sell" rating. The average price target for the stock is $458.60, with a high of $544.00 and a low of $398.00 [1].

Notably, Andrew Kaplowitz at Citigroup has given Trane Technologies a "Buy" rating with a price target of $499.00. Kaplowitz maintains a 74.90% success rate and an average return of 28.2%. The consensus rating among analysts is "Moderate Buy," with an average price target of $475.54, indicating a potential 11.58% upside from current levels [1].

Despite the positive outlook, Trane Technologies faces some headwinds. The company's high price-to-earnings (P/E) ratio of 33.62 suggests that the stock may be overvalued compared to its earnings. Additionally, recent earnings have slightly missed analyst estimates, raising concerns about growth potential [1].

In conclusion, while Trane Technologies has received a mix of analyst ratings and price targets, the consensus is generally positive. However, investors should consider the company's valuation and recent earnings performance before making a decision.

References:
[1] https://www.marketbeat.com/stocks/NYSE/TT/forecast/