Cowen & Co. analyst Gautam Khanna maintained a Buy rating on Transdigm Group Inc (TDG) today and set a price target of $520. The company’s shares opened today at $470.77, close to its 52-week high of $489.95.
According to TipRanks.com, Khanna is a 5-star analyst with an average return of 14.1% and a 76.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Huntington Ingalls, Vista Outdoor, and HEICO Corp.
Transdigm Group Inc has an analyst consensus of Strong Buy, with a price target consensus of $493.67, representing a 4.9% upside. In a report issued on April 23, SunTrust Robinson also maintained a Buy rating on the stock with a $510 price target.
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Based on Transdigm Group Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly net profit of $172 million. In comparison, last year the company had a net profit of $201 million.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. Most recently, in February 2019, Jorge Valladares, the COO of TDG sold 5,000 shares for a total of $2,184,942.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
