In a report issued on November 5, Cai Rumohr from Cowen & Co. maintained a Hold rating on Triumph Group (TGI), with a price target of $5.00. The company’s shares closed last Wednesday at $14.09.
According to TipRanks.com, Rumohr is a 4-star analyst with an average return of 6.7% and a 59.8% success rate. Rumohr covers the Technology sector, focusing on stocks such as Smith & Wesson Brands, Raytheon Technologies, and Science Applications.
Currently, the analyst consensus on Triumph Group is a Hold with an average price target of $11.00, a -18.8% downside from current levels. In a report issued on December 1, Truist Financial also upgraded the stock to Hold with a $16.00 price target.
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The company has a one-year high of $29.32 and a one-year low of $3.02. Currently, Triumph Group has an average volume of 1.93M.
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Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing and overhauling of aerospace and defense systems, components and structures. It operates through the following three segments: Triumph Integrated Systems, Triumph Aerospace Structures and Triumph Product Support. The Triumph Integrated Systems segment engages in designing, development and supporting proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. The Triumph Aerospace Structures segment engages in supplying of commercial, business, regional and military manufacturers with large metallic and composite structures and produce close-tolerance parts. The Triumph Product Support segment provides full life cycle solutions for commercial, regional and military aircraft. The company was founded by Richard C. Ill in 1993 and is headquartered in Berwyn, PA.