In a report released yesterday, Luke Junk from Robert W. Baird maintained a Hold rating on Allison Transmission Holdings (ALSN – Research Report), with a price target of $41.00. The company’s shares closed last Thursday at $39.57.
According to TipRanks.com, Junk is a 1-star analyst with an average return of -4.3% and a 31.5% success rate. Junk covers the Industrial Goods sector, focusing on stocks such as Littelfuse, BorgWarner, and Gentherm.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Allison Transmission Holdings with a $39.80 average price target.
The company has a one-year high of $46.40 and a one-year low of $32.55. Currently, Allison Transmission Holdings has an average volume of 966.3K.
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Allison Transmission Holdings, Inc. engages in the manufacture and distribution of vehicle propulsion solutions, which includes commercial-duty on-highway, off-highway and defense fully-automatic transmissions and electric-hybrid and fully-electric systems. The company solutions are used in applications, including on-highway trucks, buses, motorhomes, off-highway vehicles and equipment, and defense vehicles. It also sell branded replacement parts, support equipment, aluminum die cast components and other products necessary to service the installed base of vehicles utilizing its solutions. The company was founded in 1915 and is headquartered in Indianapolis, IN.
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