Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 12, 2016
Yesterday Spirit AeroSystems Holdings, Inc. (NYSE:SPR) traded -0.78% lower at $45.85. The company’s 50-day moving average is $45.13 and its 200-day moving average is $45.22. The last stock close price is up 1.39% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 777,078 shares of the stock were exchanged, down from an average trading volume of 1,063,110
Zacks Investment Research has downgraded Spirit AeroSystems Holdings, Inc. (NYSE:SPR) to Hold in a report released on 10/13/2016.
Previously on 10/06/2016, Robert W. Baird reported about Spirit AeroSystems Holdings, Inc. (NYSE:SPR) raised the target price from $0.00 to $54.00. At the time, this indicated a possible upside of 0.14%.
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Spirit AeroSystems Holdings, Inc. has a 52 week low of $40.03 and a 52 week high of $56.20 with a P/E ratio of 9.25 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 14 firms have issued a report on the stock. The consensus target price is $55.14 with 5 firms rating the stock a strong buy, 5 firms rating the stock a buy, 7 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.
General Information About Spirit AeroSystems Holdings, Inc. (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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