Triumph Group (TGI) Receives Analyst Rating

Triumph Group (TGI) : The consensus on Triumph Group (TGI) based on 6 analyst recommendation on the company stock is 1.33, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Triumph Group (TGI) : The most positive equity analysts on Triumph Group (TGI) expects the shares to touch $45, whereas, the least positive believes that the stock will trade at $34 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $39.2 with an expected fluctuation of $5.07 from the mean.


Also, Brokerage firm Jefferies maintains its rating on Triumph Group (NYSE:TGI). As per the latest information, the brokerage house lowers the price target to $44 per share from a prior target of $54. The shares have been rated Buy. The rating by the firm was issued on July 29, 2016.

Triumph Group (NYSE:TGI): After opening at $29.86, the stock dipped to an intraday low of $29.4 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $30.14 and the buying power remained strong till the end. The stock closed at $30.01 for the day, a gain of 0.30% for the day session. The total traded volume was 762,583. The stocks close on the previous trading day was $29.92.

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.

Comments (0)

Leave a Reply

Your email address will not be published.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

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.