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Analysts Offer Insights on Industrial Goods Companies: Triumph Group (TGI) and Spirit AeroSystems (SPR)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Triumph Group (TGIResearch Report) and Spirit AeroSystems (SPRResearch Report).

Triumph Group (TGI)

In a report released yesterday, Cai von Rumohr from TD Cowen maintained a Buy rating on Triumph Group, with a price target of $18.50. The company’s shares closed last Wednesday at $13.64.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 6.4% and a 62.6% success rate. Rumohr covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, Spirit AeroSystems, and General Dynamics.

Triumph Group has an analyst consensus of Strong Buy, with a price target consensus of $19.79, a 35.3% upside from current levels. In a report issued on January 25, Bank of America Securities also initiated coverage with a Buy rating on the stock with a $21.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Spirit AeroSystems (SPR)

In a report released yesterday, Noah Poponak from Goldman Sachs maintained a Hold rating on Spirit AeroSystems. The company’s shares closed last Wednesday at $28.33.

According to TipRanks.com, Poponak is a 2-star analyst with an average return of -0.1% and a 48.0% success rate. Poponak covers the Industrial Goods sector, focusing on stocks such as Virgin Galactic Holdings, Raytheon Technologies, and L3Harris Technologies.

Currently, the analyst consensus on Spirit AeroSystems is a Moderate Buy with an average price target of $33.50, a 18.5% upside from current levels. In a report issued on February 6, RBC Capital also maintained a Hold rating on the stock with a $28.00 price target.

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