Spirit Aerosystems Holdings (NYSE:SPR) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.83 by 12 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Buckingham Research upgrades its rating on Spirit Aerosystems Holdings (NYSE:SPR). Analysts at the Buckingham Research have a current rating of Neutral on the shares. The shares were previously rated Underperform. The rating by the firm was issued on June 9, 2016.
Spirit Aerosystems Holdings (NYSE:SPR): The stock price is expected to reach $ 57.27 in the short term. The number of analysts agreeing with this consensus is 11. The higher estimate for the short term price target is at $74 while the lower estimate is at $44. The standard deviation of the price stands at $10.03.
Spirit Aerosystems Holdings (NYSE:SPR) witnessed a decline in the market cap on Tuesday as its shares dropped 1.51% or 0.68 points. After the session commenced at $45.37, the stock reached the higher end at $45.54 while it hit a low of $44.38. With the volume soaring to 1,277,276 shares, the last trade was called at $44.4. The company has a 52-week high of $57.99. The company has a market cap of $5,878 million and there are 132,378,113 shares in outstanding. The 52-week low of the share price is $40.03.
Spirit AeroSystems Holdings, Inc. has lost 0.36% in the last five trading days and dropped 4.66% in the last 4 weeks. Spirit AeroSystems Holdings, Inc. has dropped 6.39% during the last 3-month period . Year-to-Date the stock performance stands at -11.32%.
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.