Canaccord Genuity analyst Kenneth Herbert reiterated a Buy rating on Transdigm Group Inc (TDG) on November 6 and set a price target of $400. The company’s shares closed yesterday at $360.51, close to its 52-week high of $377.67.
According to TipRanks.com, Herbert is a 5-star analyst with an average return of 12.7% and a 64.7% success rate. Herbert covers the Consumer Goods sector, focusing on stocks such as Mercury Systems Inc, CPI Aerostructures, and Spirit AeroSystems.
Transdigm Group Inc has an analyst consensus of Strong Buy, with a price target consensus of $408.17, representing a 13.2% upside. In a report released yesterday, Credit Suisse also maintained a Buy rating on the stock with a $410 price target.
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The company has a one-year high of $377.67 and a one-year low of $260.83. Currently, Transdigm Group Inc has an average volume of 430.8K.
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TransDigm Group, Inc. engages in the design and supply of engineered aerospace components, systems and subsystems. It operates through the following segments: Power & Control, Airframe, and Non-Aviation.
