Spirit AeroSystems (SPR) Receives a Buy from Cowen & Co.


In a report released today, Cai Rumohr from Cowen & Co. maintained a Buy rating on Spirit AeroSystems (SPR), with a price target of $95. The company’s shares closed yesterday at $83.40.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 12.6% and a 65.7% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

Spirit AeroSystems has an analyst consensus of Strong Buy, with a price target consensus of $96.20, implying a 15.3% upside from current levels. 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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Spirit AeroSystems’ market cap is currently $8.88B and has a P/E ratio of 16.45. The company has a Price to Book ratio of 7.96.

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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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