A statement released earlier today by Morgan Stanley about TPI Composites (NASDAQ:TPIC) bumps the target price to $21.00
- Updated: September 17, 2016
TPI Composites (NASDAQ:TPIC) had its target price upped to $21 by Morgan Stanley in a report released 8/16/2016. The increased target price implies a possible upside of 0.18% based on the company’s previous closing price.
Boasting a price of $17.87, TPI Composites (NASDAQ:TPIC) traded 6.13% higher on the day. The last stock price close is up 14.94% relative to the 200-day moving average, compared with the S&P 500 which has fallen -0.01% over the date range. TPIC has registered a 50-day average of $17.38 and 200-day average of $17.17. 627,894 shares of TPI Composites traded, up from ann avg. volume of 377,819
TPI Composites has a price-earnings of 6 with a 52 week low of $11.31 and a one-year high of $21.45 and has a total market value of $0.0.
General Company Details For TPI Composites (NASDAQ:TPIC)
TPI Composites, Inc. (TPI) is a United States-based company engaged in manufacturing wind blades, and related precision molding and assembly systems. The Company operates through four geographic operating segments: the United States, Asia, Mexico and Europe, the Middle East and Africa (EMEA). The United States segment includes the manufacturing of wind blades at its Newton, Iowa plant; the manufacturing of precision molding and assembly systems used for the manufacture of wind blades, and the manufacturing of composite solutions for the transportation industry. The Asia segment includes the manufacturing of wind blades in facilities in Taicang Port, China and over two in Dafeng, China; the manufacturing of precision molding and assembly systems in its Taicang City, China facility, and wind blade inspection and repair services. The Mexico segment manufactures wind blades from a facility in Juarez, Mexico. The EMEA segment manufactures wind blades from a facility in Izmir, and Turkey.
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