Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Transdigm Group (TDG – Research Report) and Scorpio Tankers (STNG – Research Report).
Transdigm Group (TDG)
In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Buy rating on Transdigm Group, with a price target of $1000.00. The company’s shares closed last Thursday at $973.07.
According to TipRanks.com, Epstein is a 4-star analyst with an average return of
Currently, the analyst consensus on Transdigm Group is a Strong Buy with an average price target of $1014.00, implying a 7.3% upside from current levels. In a report released today, Morgan Stanley also maintained a Buy rating on the stock with a $1200.00 price target.
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Scorpio Tankers (STNG)
Bank of America Securities analyst Ken Hoexter reiterated a Hold rating on Scorpio Tankers yesterday and set a price target of $63.00. The company’s shares closed last Thursday at $57.37.
According to TipRanks.com, Hoexter is a 4-star analyst with an average return of
Scorpio Tankers has an analyst consensus of Strong Buy, with a price target consensus of $76.00.
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Read More on TDG:
- Early notable gainers among liquid option names on November 9th
- TransDigm Group Reports Fiscal 2023 Fourth Quarter and Year-End Results, and Declares a Special Cash Dividend of $35.00 Per Share
- TransDigm Announces Acquisition of the Electron Device Business of Communications & Power Industries (“CPI”)
- Is TDG a Buy, Before Earnings?
- TransDigm initiated with a Neutral at UBS
