Transdigm Group (TDG) Gets a Buy Rating from Cowen & Co.


In a report released today, Gautam Khanna from Cowen & Co. maintained a Buy rating on Transdigm Group (TDG), with a price target of $590.00. The company’s shares closed last Monday at $567.68, close to its 52-week high of $568.83.

According to TipRanks.com, Khanna is a top 100 analyst with an average return of 15.5% and a 79.0% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies, Albany International, and Huntington Ingalls.

Transdigm Group has an analyst consensus of Strong Buy, with a price target consensus of $590.80, implying a 5.1% upside from current levels. In a report issued on November 15, Canaccord Genuity also maintained a Buy rating on the stock with a $620.00 price target.

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The company has a one-year high of $568.83 and a one-year low of $311.46. Currently, Transdigm Group has an average volume of 289.1K.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TDG in relation to earlier this year. Most recently, in August 2019, Robert Henderson, the Exec.V.P. of TDG sold 15,000 shares for a total of $8,080,560.

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.

TransDigm Group, Inc. engages in producing, designing, and supplying of engineered aerospace components, systems and subsystems. It operates through the following segments: Power and Control, Airframe, and Non-Aviation.

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