Allison Transmission Holdings (NYSE:ALSN) stock price target increased to $31.00, reported today by CLSA
- Updated: September 29, 2016
Allison Transmission Holdings (NYSE:ALSN) had its target price raised to $31.00 by CLSA in a report released 9/30/2016. The new target price indicates a possible upside of 0.11% based on the company's last stock close price.
Previously on 09/07/2016, Deutsche Bank reported about Allison Transmission Holdings (NYSE:ALSN) raised the target price from $0.00 to $30.00. At the time, this indicated a possible upside of 0.09%.
Yesterday Allison Transmission Holdings (NYSE:ALSN) traded -0.67% lower at $28.04. The company’s 50-day moving average is $27.75 and its 200-day moving average is $27.84. The last stock close price is up 0.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 893,189 shares of the stock were exchanged, down from an average trading volume of 1,197,440
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Allison Transmission Holdings has a 52 week low of $20.56 and a 52 week high of $30.52 with a P/E ratio of 28.61 The company’s market cap is currently $0.
In addition to CLSA reporting its target price, a total of 15 firms have reported on the stock. The consensus target price is $31.40 with 6 firms rating the stock a strong buy, 5 firms rating the stock a buy, 5 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Allison Transmission Holdings (NYSE:ALSN)
Allison Transmission Holdings, Inc. and its subsidiaries design and manufacture commercial and defense fully-automatic transmissions. The Company manufactures fully-automatic transmissions for medium- and heavy-duty commercial vehicles and medium-and heavy-tactical the United States defense vehicles. The Company operates through manufacture and distribution of fully-automatic transmissions segment. The Company's transmissions are used in a range of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school, transit and hybrid-transit), motorhomes, off-highway vehicles and equipment (energy, mining and construction) and defense vehicles (wheeled and tracked). The Company's transmissions are sold under the Allison Transmission brand name and remanufactured transmissions are sold under the ReTran brand name. The Company has developed over 100 different models that are used in over 2,500 different vehicle configurations.
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