Where Trex Co Stands With Analysts
Portfolio Pulse from Benzinga Insights
Trex Co (NYSE:TREX) has received a mix of analyst ratings over the last quarter, with 9 bullish, 2 somewhat bullish, 7 indifferent, and 1 somewhat bearish. The average 12-month price target for the company, according to 19 analysts, is $77.0, with a high of $87.00 and a low of $58.00. This average price target has increased by 14.6% over the past month.
October 03, 2023 | 12:00 pm
News sentiment analysis
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POSITIVE IMPACT
Trex Co has received a mix of analyst ratings, with a majority being bullish. The average 12-month price target has increased by 14.6% over the past month, indicating a positive outlook.
The majority of the analyst ratings for Trex Co are bullish, indicating a positive outlook for the company. The increase in the average 12-month price target over the past month further supports this positive sentiment. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100