Brokerage Firm Rating Update on Spirit Aerosystems Holdings (SPR)

Spirit Aerosystems Holdings (SPR) : 11 analysts are covering Spirit Aerosystems Holdings (SPR) and their average rating on the stock is 2.14, which is read as a Buy. 4 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Spirit Aerosystems Holdings (SPR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Spirit Aerosystems Holdings (SPR) : Currently there are 9 street experts covering Spirit Aerosystems Holdings (SPR) stock. The most bullish and bearish price target for the stock is $74 and $44 respectively for the short term. The average price target of all the analysts comes to $55.78. The estimated standard deviation from the target is $9.86.


For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm Deutsche Bank maintains its rating on Spirit Aerosystems Holdings (NYSE:SPR). As per the latest information, the brokerage house lowers the price target to $48 per share from a prior target of $53. The shares have been rated Hold. The rating by the firm was issued on July 11, 2016.

Spirit Aerosystems Holdings (NYSE:SPR): stock was range-bound between the intraday low of $45.39 and the intraday high of $46.13 after having opened at $45.83 on Wednesdays session. The stock finally closed in the red at $45.83, a loss of -0.54%. The stock remained in the red for the whole trading day. The total traded volume was 872,077 shares. The stock failed to cross $46.13 in Wednesdays trading. The stocks closing price on Thursday was $46.05.

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.

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