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Triumph Group Inc. (NYSE:TGI) price target upped to $34.00, released a ratings update earlier today by Canaccord Genuity

Displaying a price of $34.30, Triumph Group Inc. (NYSE:TGI) traded -0.78% lower on the day. With the last close up 11.33% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the date range. Triumph Group Inc. has recorded a 50-day average of $29.60 and a two hundred day average of $28.70. Trading volume was down over the average, with 358,255 shares of TGI changing hands under the typical 716,037

Canaccord Genuity upped the target price of Triumph Group Inc. (NYSE:TGI) to $34.00 indicating a possible downside of -0.01%.

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Triumph Group Inc. (NYSE:TGI)

Triumph Group Inc. has a 52 week low of $19.65 and a 52 week high of $34.80 The company’s market cap is currently $0.

In addition to Canaccord Genuity reporting its target price, a total of 12 brokerages have released a report on Triumph Group Inc.. The 12-month price target is $40.17 with three equity analysts rating the company a strong buy, four analysts rating the company a buy, five analysts rating the company a hold, 1 firm rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Triumph Group Inc. (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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