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Textron (NYSE:TXT) target price raised to $48.00, reported today by Robert W. Baird

Yesterday Textron (NYSE:TXT) traded 0.99% higher at $39.60. The company’s 50-day moving average is $40.13 and its 200-day moving average is $38.60. The last stock close price is up 2.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,338,040 shares of the stock were exchanged, up from an average trading volume of 1,186,960

Textron (NYSE:TXT) had its target price raised to $48.00 by Robert W. Baird in a report released 10/06/2016. The new target price indicates a possible upside of 0.21% based on the company's last stock close price.

See Chart Below

Textron (NYSE:TXT)

Textron has a 52 week low of $30.69 and a 52 week high of $43.93 with a P/E ratio of 14.94 The company’s market cap is currently $0.

In addition to Robert W. Baird reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $45.67 with 4 firms rating the stock a strong buy, 5 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

More About Textron (NYSE:TXT)

Textron Inc. is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services across the world. The Company operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. Textron Aviation manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. Bell Helicopter is a supplier of military and commercial helicopters, tiltrotor aircraft, and related spare parts and services in the world. Textron Systems segment's product lines consist of unmanned aircraft systems, marine and land systems, weapons and sensors, and simulation, training and other defense and aviation mission support products and services. The Industrial segment designs and manufactures a range of products under three principal product lines. The Finance segment provides financing to purchasers of Textron Aviation aircraft and Bell helicopters.

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