Cowen & Co. Keeps Their Buy Rating on Moog Inc (MOG.A)


In a report released today, Cai Rumohr from Cowen & Co. maintained a Buy rating on Moog Inc (NYSE: MOG.A), with a price target of $110. The company’s shares closed on Friday at $78.91.

According to TipRanks.com, Rumohr is a top 100 analyst with an average return of 18.1% and a 76.1% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

Moog Inc has an analyst consensus of Moderate Buy, with a price target consensus of $110.

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Based on Moog Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $40.68 million. In comparison, last year the company had a net profit of $40.09 million.

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Moog, Inc. is a designer, manufacturer and integrator of precision motion, fluid controls and systems for applications in aerospace, defense and industrial markets. It operates through four segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, and Components.

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