Triumph Group (TGI) : The consensus on Triumph Group (TGI) based on 7 analyst recommendation on the company stock is 1.57, 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. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Triumph Group (TGI) : The highest level Triumph Group (TGI) is projected to reach is $45 for the short term and the lowest estimate is at $35. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $39.83 and the possibility the share price can swing is $3.97.
For the current week, the company shares have a recommendation consensus of Buy. Triumph Group (NYSE:TGI): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $30.15 and $29.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $30.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $30.83, notching a gain of 2.09% for the day. The total traded volume was 418,313 . The stock had closed at $30.20 on the previous day.
In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Triumph Group Inc, Palmer Adam Joseph had purchased shares worth of $640,000 in a transaction dated on February 10, 2016. A total of 25,000 shares were purchased at a price of $25.6 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
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.