Canaccord Genuity Keeps Their Hold Rating on Triumph Group (TGI)


Canaccord Genuity analyst Kenneth Herbert reiterated a Hold rating on Triumph Group (TGI) on November 8 and set a price target of $24. The company’s shares opened today at $20.34.

According to TipRanks.com, Herbert is a 5-star analyst with an average return of 12.9% and a 63.9% success rate. Herbert covers the Consumer Goods sector, focusing on stocks such as Mercury Systems Inc, Transdigm Group Inc, and CPI Aerostructures.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Triumph Group with a $20.67 average price target, implying a 1.6% upside from current levels. In a report issued on November 9, Cowen & Co. also assigned a Hold rating to the stock with a $20 price target.

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The company has a one-year high of $31.90 and a one-year low of $16.80. Currently, Triumph Group has an average volume of 584.9K.

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Triumph Group, Inc. engages in the design, engineering, manufacture, repair, overhaul, and distribution of aircraft structures, components, accessories, subassemblies, and systems. It operates through the following segments: Integrated Systems, Aerospace Structures, and Product Support.

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