In a report released yesterday, David E. Strauss from Barclays maintained a Hold rating on Woodward (WWD), with a price target of $100. The company’s shares closed yesterday at $90.90, close to its 52-week high of $91.39.
According to TipRanks.com, Strauss is a 4-star analyst with an average return of 8.9% and a 69.0% success rate. Strauss covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, L3 Technologies Inc, and Huntington Ingalls.
Currently, the analyst consensus on Woodward is a Moderate Buy with an average price target of $90.17, implying a -0.8% downside from current levels. In a report issued on January 29, Cowen & Co. also maintained a Hold rating on the stock with a $87 price target.
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The company has a one-year high of $91.39 and a one-year low of $68.40. Currently, Woodward has an average volume of 323.7K.
Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Chad Robert Preiss, the Pres., Industrial Control Syst of WWD sold 14,000 shares for a total of $1,256,640.
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Woodward, Inc. engages in the provision of control system solutions and components for the aerospace and industrial markets. It operates through the Aerospace and Industrial segment. The Aerospace segment designs, manufactures, and services systems and products for the management of fuel, air, combustion and motion control.
