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Robert W. Baird announced Spirit Aerosystems (NYSE:SPR), bumping up its stock price target to $54.00 today

Just yesterday Spirit Aerosystems (NYSE:SPR) traded 3.10% higher at $47.21. Spirit Aerosystems’s 50-day moving average is $44.99 and its 200-day moving average is $45.24. The last closing price is up 4.35% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,553,405 shares of SPR traded hands, up from an average trading volume of 1,095,140

In a report released on Thursday October 06, 2016 Robert W. Baird increased the stock price target of Spirit Aerosystems (NYSE:SPR) to $54.00 reporting a possible upside of 0.14%.

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Spirit Aerosystems (NYSE:SPR)

Spirit Aerosystems has 52 week low of $40.03 and a 52 week high of $56.20 with a PE ratio of 9.53 and has a market capitalization of $0.

A total of 14 analysts have released a report on SPR. 5 brokerages rating the stock a strong buy, 5 brokers rating the stock a buy, 7 equity analysts rating the company a hold, 1 firm rating the company a underperform, and finally zero brokers rating the stock a sell with a average stock price target of $55.14.

Brief Synopsis On Spirit Aerosystems (NYSE:SPR)

Spirit AeroSystems Holdings, Inc. is a non-original equipment manufacturer (OEM) aircraft parts designer and manufacturer of commercial aero-structures. The Company is a supplier of aero-structures to The Boeing Company (Boeing) and Airbus S.A.S (Airbus). The Company operates through three segments: Fuselage Systems, Propulsion Systems and Wing Systems. It is engaged in production, including the majority of the airframe content for the Boeing B737. It is also a content supplier of wing systems for the Airbus A320 family. It is a supplier for the Airbus A380 and Airbus A350 XWB (Xtra Wide-Body). Its products include Fuselage Systems, Propulsion Systems and Wing Systems. The Company offers spares and replacement parts for B737 Classic, B737NG, B747, B757, B767, B777, Rolls-Royce BR725, A320, A330, A340 and A380. Its Maintenance, Repair and Overhaul at repair stations provide complete on-site repair and overhaul to support MRO services for B747, B767, B777, B787 and Rolls-Royce BR725.

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