In a report released today, Cai Rumohr from Cowen & Co. assigned a Buy rating to Moog Inc (NYSE: MOG.A), with a price target of $110. The company’s shares closed on Friday at $74.09, close to its 52-week low of $72.08.
According to TipRanks.com, Rumohr is a top 100 analyst with an average return of 17.6% and a 76.8% 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 $100.
See today’s analyst top recommended stocks >>
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.
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.
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.
