Barclays Maintains a Hold Rating on Spirit AeroSystems (SPR)


In a report issued on March 20, David E. Strauss from Barclays maintained a Hold rating on Spirit AeroSystems (SPR), with a price target of $19.00. The company’s shares closed last Monday at $18.78, close to its 52-week low of $13.69.

According to TipRanks.com, Strauss is a 2-star analyst with an average return of -2.5% and a 47.3% success rate. Strauss covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies, Huntington Ingalls, and General Dynamics.

Currently, the analyst consensus on Spirit AeroSystems is a Hold with an average price target of $56.71, which is a 188.3% upside from current levels. In a report issued on March 9, UBS also maintained a Hold rating on the stock with a $52.00 price target.

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The company has a one-year high of $94.47 and a one-year low of $13.69. Currently, Spirit AeroSystems has an average volume of 1.83M.

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Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. 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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