Oppenheimer analyst Ian Zaffino maintained a Buy rating on Allison Transmission Holdings Inc (NYSE: ALSN) yesterday. The company’s shares closed yesterday at $46.94, close to its 52-week high of $48.19.
According to TipRanks.com, Zaffino is a 4-star analyst with an average return of 3.5% and a 55.2% success rate. Zaffino covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Wyndham Destinations Inc, and Peak Resorts.
Allison Transmission Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $49.50, representing a 5.5% upside. In a report issued on August 1, Credit Suisse also reiterated a Buy rating on the stock with a $55 price target.
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The company has a one-year high of $48.19 and a one-year low of $32.93. Currently, Allison Transmission Holdings Inc has an average volume of 1.24M.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Eric Scroggins, the VP, GC & Sec of ALSN sold 4,940 shares for a total of $233,860.
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Allison Transmission Holdings, Inc. engages in the manufacture and distribution of fully-automatic transmissions. Its products include on-highway, off-highway, and tracked military. The company was founded on June 22, 2007 and is headquartered in Indianapolis, IN.
