Short Term Rating on Spirit Aerosystems Holdings (SPR)

Spirit Aerosystems Holdings (SPR) : The consensus on Spirit Aerosystems Holdings (SPR) based on 12 analyst recommendation on the company stock is 2, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 6 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Spirit Aerosystems Holdings (SPR) : The highest short term price target forecast on Spirit Aerosystems Holdings (SPR) is $74 and the lowest target price is $44. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $55.91 with a standard deviation of $9.59.

For the current week, the company shares have a recommendation consensus of Buy.


Spirit Aerosystems Holdings (NYSE:SPR): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.10 and $42.58 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.34. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.24, notching a gain of 1.34% for the day. The total traded volume was 1,171,778 . The stock had closed at $42.67 on the previous day.

Spirit AeroSystems Holdings, Inc. is an independent non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero structures. The Company operates in three segments: Fuselage Systems, Propulsion Systems and Wing Systems. Fuselage Systems segment develops, produces and markets forward, mid and rear fuselage sections and systems, primarily to aircraft OEMs, as well as related spares and maintenance, repair and overhaul support and services (MRO). The Propulsion Systems segment develops, produces and markets struts/pylons, nacelles (including thrust reversers) and related engine structural components primarily to aircraft or engine OEMs, as well as related spares and MRO services. The Wing Systems segment develops, produces and markets forward wings and wing components (including flight control surfaces), and other miscellaneous structural parts primarily to aircraft OEMs, as well as related spares and MRO services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *