Triumph Group (TGI) : The consensus on Triumph Group (TGI) based on 8 analyst recommendation on the company stock is 1.63, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Triumph Group (TGI) stock is expected to deviate a maximum of $3.63 from the average target price of $39.86 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $45 and the most muted being $35.
For the current week, the company shares have a recommendation consensus of Buy.
Triumph Group (NYSE:TGI): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $29.60 and $29.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.08, notching a gain of 1.72% for the day. The total traded volume was 872,357 . The stock had closed at $29.57 on the previous day.
Triumph Group, Inc. (Triumph) designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. It serves the aviation industry, including original equipment manufacturers (OEMs), of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. The Company operates in three segments: Triumph Aerostructures Group, engaged in the design, manufacture and building of metallic and composite aerostructures and structural components; Triumph Aerospace Systems Group, engaged in the design and engineering of mechanical, electromechanical, hydraulic and hydromechanical control systems, and Triumph Aftermarket Services Group, which performs maintenance, repair and overhaul services (MRO) and supplies spare parts for the commercial and military aviation industry and services airline and air cargo carrier customers.