Cowen & Co. Believes Transdigm Group Inc (TDG) Won’t Stop Here

Cowen & Co. analyst Gautam Khanna maintained a Buy rating on Transdigm Group Inc (TDG) yesterday and set a price target of $520. The company’s shares closed yesterday at $447.01, close to its 52-week high of $455.72.

According to, Khanna is a 5-star analyst with an average return of 10.4% and a 67.4% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Huntington Ingalls, Vista Outdoor, and HEICO Corp.

Currently, the analyst consensus on Transdigm Group Inc is a Strong Buy with an average price target of $465.75, a 4.2% upside from current levels. In a report issued on March 18, Goldman Sachs also resumed coverage with a Buy rating on the stock with a $512 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 $259 million.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. Last month, Jorge Valladares, the EVP of TDG sold 5,000 shares for a total of $2,184,942.

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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.