RBC Capital analyst Kenneth Herbert maintained a Buy rating on Ducommun (DCO – Research Report) on January 19 and set a price target of $64.00. The company’s shares closed yesterday at $54.12.
According to TipRanks, Herbert is a top 100 analyst with an average return of 19.5% and a 65.79% success rate. Herbert covers the Technology sector, focusing on stocks such as Boeing, L3Harris Technologies, and HEICO.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ducommun with a $63.00 average price target, representing a 16.41% upside. In a report released on January 9, Truist Financial also maintained a Buy rating on the stock with a $66.00 price target.
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DCO market cap is currently $664.5M and has a P/E ratio of 5.04.
Based on the recent corporate insider activity of 47 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 DCO in relation to earlier this year.
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.
Ducommun, Inc. engages in the provision of engineering and manufacturing services to the aerospace, defence, industrial, and medical industries. It operates through the Electronic Systems and Structural Systems business segment. The Electronic Systems segment offers electronic and electromechanical products used in worldwide technology-driven markets. The Structural Systems segment designs, engineers and manufactures contoured aero structure components, assemblies and supplies composite and metal bonded structures. Its products include commercial, military fixed-wing, and military and commercial rotary-wing aircrafts. The firm’s products include human machine interface, RF products, and motors and resolvers. The company was founded by Charles Louis Ducommun in 1849 and is headquartered in Santa Ana, CA.
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