Woodward (WWD) Receives Price Target

Woodward (WWD) : The most positive equity analysts on Woodward (WWD) expects the shares to touch $70, whereas, the least positive believes that the stock will trade at $54 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $62.75 with an expected fluctuation of $7.54 from the mean.

Woodward (WWD) has an average broker rating of 1.86, which is interpreted as a Buy, as rated by 7 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.


Woodward (NASDAQ:WWD): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $62.91 and $62.22 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $63.19. The buying momentum continued till the end and the stock did not give up its gains. It closed at $62.99, notching a gain of 0.43% for the day. The total traded volume was 184,633 . The stock had closed at $62.72 on the previous day.

Woodward, Inc. is a designer, manufacturer, and service provider of energy controls and optimization solutions. The Company has production and assembly facilities in the United States, Europe and Asia, and promotes its products and services through its worldwide locations. The Companys is engaged in providing energy control and optimization solutions for the aerospace and energy markets. The Company focuses primarily on original equipment manufacturers (OEMs) and equipment packagers, partnering with them to bring component and system solutions to their demanding applications. The Company operates in two segments: Aerospace and Energy. The Company also provides aftermarket repair, replacement and other service support for its installed products.

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