In a report released today, Mike Crawford from B.Riley FBR maintained a Buy rating on Ducommun (DCO), with a price target of $60.00. The company’s shares closed last Monday at $24.58.
According to TipRanks.com, Crawford is a 4-star analyst with an average return of 2.1% and a 51.1% success rate. Crawford covers the Technology sector, focusing on stocks such as TTM Technologies, Finjan Holdings, and Kratos Defense.
Currently, the analyst consensus on Ducommun is a Strong Buy with an average price target of $41.50, a 62.0% upside from current levels. In a report issued on April 14, Canaccord Genuity also maintained a Buy rating on the stock with a $40.00 price target.
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The company has a one-year high of $57.84 and a one-year low of $16.28. Currently, Ducommun has an average volume of 145.1K.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DCO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Ducommun, Inc. engages in the provision of engineering and manufacturing services to the aerospace, defence, industrial, and medical industries. It operates through the Electronic Systems and Structural Systems business segment. The Electronic Systems segment offers electronic and electromechanical products used in worldwide technology-driven markets. The Structural Systems segment designs, engineers and manufactures contoured aero structure components, assemblies and supplies composite and metal bonded structures. Its products include commercial, military fixed-wing, and military and commercial rotary-wing aircrafts. The firm’s products include human machine interface, RF products, and motors and resolvers. The company was founded by Charles Louis Ducommun in 1849 and is headquartered in Santa Ana, CA.
