In a report released today, Cai Rumohr from Cowen & Co. maintained a Hold rating on Triumph Group (NYSE: TGI), with a price target of $20. The company’s shares closed yesterday at $20.10, close to its 52-week low of $17.75.
According to TipRanks.com, Rumohr is a top 100 analyst with an average return of 17.9% and a 77.1% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.
Triumph Group has an analyst consensus of Hold, with a price target consensus of $24.17.
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Based on Triumph Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $305 million. In comparison, last year the company had a GAAP net loss of $1.93 million.
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Triumph Group, Inc. engages in the design, engineering, manufacture, repair, overhaul, and distribution of aircraft structures, components, accessories, subassemblies, and systems. It operates through the following segments: Integrated Systems, Aerospace Structures, and Product Support.
