Triton International Limited (TRTN)’s Stock Is Buy After Reaching All-Time High

July 17, 2017 - By Michael Collier

The stock of Triton International Limited (NYSE:TRTN) reached all time high today, Jul, 17 and still has $35.92 target or 8.00 % above today’s $33.26 share price. This indicates more upside for the $2.47 billion company. This technical setup was reported by Barchart.com. If the $35.92 PT is reached, the company will be worth $197.60M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.27% or $0.09 during the last trading session, reaching $33.26. About 364,382 shares traded. Triton International Limited (NYSE:TRTN) has risen 101.25% since July 17, 2016 and is uptrending. It has outperformed by 84.55% the S&P500.

Triton International Limited (NYSE:TRTN) Ratings Coverage

Among 2 analysts covering Triton International (NYSE:TRTN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Triton International had 3 analyst reports since November 11, 2016 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, November 22 by Cowen & Co. The rating was maintained by Wood with “Hold” on Monday, May 15. On Friday, November 11 the stock rating was maintained by Cowen & Co with “Market Perform”.

More notable recent Triton International Limited (NYSE:TRTN) news were published by: Businesswire.com which released: “Triton Container International Limited and TAL International Group, Inc …” on July 12, 2016, also Businesswire.com with their article: “Triton International Limited Reports First Quarter 2017 Results and Declares …” published on May 11, 2017, Seekingalpha.com published: “Triton International Ltd (TRTN) CEO Brian Sondey on Q4 2016 Results – Earnings …” on March 15, 2017. More interesting news about Triton International Limited (NYSE:TRTN) were released by: Nasdaq.com and their article: “Triton International Limited (TRTN) Ex-Dividend Date Scheduled for May 30, 2017” published on May 26, 2017 as well as Seekingalpha.com‘s news article titled: “Triton International Ltd (TRTN) CEO Brian Sondey on Q1 2017 Results – Earnings …” with publication date: May 14, 2017.

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