In a report released yesterday, Kenneth Herbert from Canaccord Genuity reiterated a Hold rating on Esterline Techs (NYSE: ESL), with a price target of $85. The company’s shares closed yesterday at $84.05.
According to TipRanks.com, Herbert is a 5-star analyst with an average return of 12.5% and a 65.1% success rate. Herbert covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, CPI Aerostructures, and Spirit AeroSystems.
Esterline Techs has an analyst consensus of Hold, with a price target consensus of $81, which is a -3.6% downside from current levels. In a report issued on July 23, Wells Fargo also reiterated a Hold rating on the stock with a $95 price target.
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The company has a one-year high of $96.95 and a one-year low of $67.15. Currently, Esterline Techs has an average volume of 191.8K.
Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is negative on the stock.
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Esterline Technologies Corp. engages in the manufacture of aircraft parts and components, automated drilling products and machine tool systems. It operates through the following segments: Avionics & Controls; Sensors & Systems; and Advanced Materials.
