A statement released earlier today by Robert W. Baird about Triumph Group (NYSE:TGI) bumps the target price to $24.00
- Updated: October 5, 2016
Having a price of $28.48, Triumph Group (NYSE:TGI) traded 2.34% higher on the day. With the last close down -16.13% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Triumph Group has recorded a 50-day average of $30.21 and a two hundred day average of $33.96. Volume of trade was down over the average, with 502,858 shares of TGI changing hands under the typical 722,634
Stating a potential downside of -0.16%, Robert W. Baird upped the price target of Triumph Group (NYSE:TGI) to $24.00
With a total market value of $0, Triumph Group has with a one year low of $22.94 and a one year high of $47.28 .
A total of 12 analysts have released a research note on Triumph Group. Three analysts rating the company a strong buy, four analysts rating the company a buy, five analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $40.17.
More 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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