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Cowen & Co. analyst Cai Rumohr maintained a Buy rating on Textron Inc (TXT) today and set a price target of $60.00. The company’s shares closed last Monday at $50.47.
According to TipRanks.com, Rumohr is a top 100 analyst with an average return of 13.5% and a 70.6% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and Spirit AeroSystems.
Currently, the analyst consensus on Textron Inc is a Moderate Buy with an average price target of $57.50.
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Textron Inc’s market cap is currently $11.61B and has a P/E ratio of 10.17. The company has a Price to Book ratio of 2.18.
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Textron, Inc. is a multi-industry company, which leverages global network of aircraft, defense, industrial, and finance businesses to provide customers innovative solutions and services. The company operates its business through the following segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance.
