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A statement released earlier today by Canaccord about Triumph Group (NYSE:TGI) bumps the target price to $34.00

Boasting a price of $31.65, Triumph Group (NYSE:TGI) traded -0.78% lower on the day. With the last stock price close up 11.33% from the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Triumph Group has recorded a 50-day average of $29.60 and a two hundred day average of $28.70. Volume of trade was down over the average, with 358,255 shares of TGI changing hands under the typical 716,037

Canaccord bumped up the target of Triumph Group (NYSE:TGI) to $34.00 stating a potential upside of 0.07%.

Performance Chart

Triumph Group (NYSE:TGI)

With a total market value of $0, Triumph Group has with a one year low of $19.65 and a one year high of $34.80 .

A total of 12 equity analysts have released a ratings update on TGI. Three equity analysts rating the company a strong buy, four equity analysts rating the company a buy, five equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $40.17.

Brief Synopsis About Triumph Group (NYSE:TGI)

Triumph Group, Inc. designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aircraft components, accessories, subassemblies and systems. The Company offers a range of products and services to the aerospace industry through three segments: Triumph Aerostructures Group, whose companies are engaged in the design, manufacture, assembly and integration of metallic and composite aerostructures and structural components for the aerospace original equipment manufacturer (OEM) market; Triumph Aerospace Systems Group, whose companies design, engineer and manufacture a range of build-to-print components, assemblies and systems also for the OEM market, and Triumph Aftermarket Services Group, whose companies serve aircraft fleets, such as commercial airlines, the United States military and cargo carriers, through the maintenance, repair and overhaul (MRO) of aircraft components and accessories manufactured by third parties.

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