Triumph Group (NYSE:TGI) : The consensus on Triumph Group (NYSE:TGI) based on 9 analyst recommendation on the company stock is 1.78, 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. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Triumph Group (NYSE:TGI) : 7 Wall Street analysts covering Triumph Group (NYSE:TGI) believe that the average level the stock could reach for the short term is $43. The maximum price target given is $54 and the minimum target for short term is around $37, hence the standard deviation is calculated at $5.66.
For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, Deutsche Bank maintains its rating on Triumph Group (NYSE:TGI).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Deutsche Bank raises the new price target from $40 per share to $45 per share. The rating by the firm was issued on June 13, 2016.
Triumph Group (NYSE:TGI): stock turned positive on Tuesday. Though the stock opened at $33.34, the bulls momentum made the stock top out at $33.9 level for the day. The stock recorded a low of $32.35 and closed the trading day at $33.01, in the green by 0.52%. The total traded volume for the day was 1,076,495. The stock had closed at $32.84 in the previous days trading.
In an insider trading activity, Palmer Adam Joseph, director of Triumph Group Inc, executed a transaction worth $640,000 on February 10, 2016. A total of 25,000 shares were purchased at an average price of $25.6. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. 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.