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Trex Co Inc has a consensus price target of $78 based on the ratings of 21 analysts. The high is $100 issued by Truist Securities on August 7, 2024. The low is $58 issued by Credit Suisse on August 2, 2023. The 3 most-recent analyst ratings were released by DA Davidson, BMO Capital, and Barclays on October 29, 2024, respectively. With an average price target of $71 between DA Davidson, BMO Capital, and Barclays, there's an implied 4.43% upside for Trex Co Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Trex Co (NYSE:TREX) was reported by DA Davidson on October 29, 2024. The analyst firm set a price target for $74.00 expecting TREX to rise to within 12 months (a possible 8.46% upside). 39 analyst firms have reported ratings in the last year.
The latest analyst rating for Trex Co (NYSE:TREX) was provided by DA Davidson, and Trex Co maintained their neutral rating.
The last upgrade for Trex Co Inc happened on December 14, 2023 when JP Morgan raised their price target to $79. JP Morgan previously had an underweight for Trex Co Inc.
The last downgrade for Trex Co Inc happened on August 7, 2024 when Stephens & Co. changed their price target from $115 to $72 for Trex Co Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Trex Co, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Trex Co was filed on October 29, 2024 so you should expect the next rating to be made available sometime around October 29, 2025.
While ratings are subjective and will change, the latest Trex Co (TREX) rating was a maintained with a price target of $70.00 to $74.00. The current price Trex Co (TREX) is trading at is $68.23, which is out of the analyst’s predicted range.
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