Cowen & Co. Believes Transdigm Group Inc (TDG) Still Has Room to Grow


Cowen & Co. analyst Gautam Khanna assigned a Buy rating to Transdigm Group Inc (TDG) today and set a price target of $408. The company’s shares closed yesterday at $402.63, close to its 52-week high of $403.05.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 10.8% and a 70.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Huntington Ingalls, Harris, and Hexcel.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Transdigm Group Inc with a $392 average price target, which is a -2.6% downside from current levels. In a report issued on January 22, Credit Suisse also maintained a Buy rating on the stock with a $405 price target.

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Transdigm Group Inc’s market cap is currently $21.23B and has a P/E ratio of 24.66. The company has a Price to Book ratio of -11.74.

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TransDigm Group, Inc. engages in producing, designing, and supplying of engineered aerospace components, systems and subsystems. It operates through the following segments: Power and Control, Airframe, and Non-Aviation.

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