KeyBanc last night upgraded TriMas (TRS) to Overweight from Sector Weight with a $45 price target after hosting meetings with management. The firm left with greater optimism around the company’s forward aerospace demand momentum and opportunities for better margins in Packaging over the longer term. KeyBanc says that while TriMas’ portfolio may pivot to a pure-play packaging mix as the board continues a strategic review, it is “cautiously optimistic” of a slower transition given aerospace’s solid demand visibility into fiscal 2026 and 2027. It believes keeping the aerospace unit through the intermediate term will help TriMas unlock the full potential of its “underappreciated multiple.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRS:
- TriMas upgraded to Overweight from Sector Weight at KeyBanc
- TriMas management to meet virtually with KeyBanc
- TriMas Corp. (TRS) Buy Rating: Strong Growth in Packaging and Aerospace with Upward Sales Forecast
- TriMas price target raised to $45 from $40 at BWS Financial
- TriMas Corporation Reports Strong Q2 2025 Growth