Zacks Rating on Textron (TXT)

Textron (TXT) : The consensus on Textron (TXT) based on 8 analyst recommendation on the company stock is 1.91, which is interpreted as a 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. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Textron (TXT) : Currently there are 6 street experts covering Textron (TXT) stock. The most bullish and bearish price target for the stock is $51 and $38 respectively for the short term. The average price target of all the analysts comes to $45.83. The estimated standard deviation from the target is $5.78.


Shares of Textron Inc. rose by 1.99% in the last five trading days and 4.73% for the last 4 weeks. Textron Inc. is up 7.16% in the last 3-month period. Year-to-Date the stock performance stands at -2.3%. Textron (NYSE:TXT): stock turned positive on Tuesday. Though the stock opened at $40.91, the bulls momentum made the stock top out at $41.16 level for the day. The stock recorded a low of $40.8 and closed the trading day at $41, in the green by 0.54%. The total traded volume for the day was 1,054,968. The stock had closed at $40.78 in the previous days trading.

Textron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services worldwide. It operates in five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. Textron Aviation manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems product lines consist of unmanned aircraft systems, marine and land systems, weapons and sensors, simulation, training and other defense and aviation mission support products and services. The Industrial segment designs and manufactures a range of products under three principal product lines. The Finance segment provides financing primarily to purchasers of new and pre-owned Textron Aviation aircraft and Bell helicopters.

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