Watch for Continued Gains in Shares of Trane Technologies plc (TT)

July 22, 2021 10:13:31

Shares of Trane Technologies plc (NYSE:TT) traded today at $199.95, eclipsing its 52-week high. Approximately 180,000 shares have changed hands today, as compared to an average 30-day volume of 1.2 million shares.

Over the past year, Trane Technologies plc has traded in a range of $102.26 to $199.95 and is now at $197.79, 93% above that low.

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $12.5 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.

Trane Technologies plc (NYSE:TT) is currently priced 23.3% above its average consensus analyst price target of $151.71.

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