Cowen & Co. Keeps Their Buy Rating on Spirit AeroSystems (SPR)


Cowen & Co. analyst Cai Rumohr maintained a Buy rating on Spirit AeroSystems (SPR) today and set a price target of $95. The company’s shares closed on Friday at $87.81.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 12.9% and a 67.2% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Spirit AeroSystems with a $96.20 average price target, representing a 9.6% upside. In a report issued on January 22, Credit Suisse also maintained a Buy rating on the stock with a $96 price target.

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The company has a one-year high of $96.77 and a one-year low of $64.48. Currently, Spirit AeroSystems has an average volume of 787.5K.

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Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of commercial aero structures and systems. It operates its business through the following segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces and markets forward, mid, and rear fuselage sections and systems.

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