In a report issued on July 12, Sheila Kahyaoglu from Jefferies maintained a Buy rating on Triumph Group (TGI – Research Report), with a price target of $20.00. The company’s shares closed last Thursday at $14.87.
According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 4.0% and a 54.9% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and Caci International.
The word on The Street in general, suggests a Hold analyst consensus rating for Triumph Group with a $18.88 average price target, representing a 26.5% upside. In a report issued on July 19, Truist Financial also maintained a Buy rating on the stock with a $20.00 price target.
The company has a one-year high of $27.85 and a one-year low of $11.47. Currently, Triumph Group has an average volume of 823.8K.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TGI 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.
Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing and overhauling of aerospace and defense systems, components and structures. It operates through the following three segments: Triumph Integrated Systems, Triumph Aerospace Structures and Triumph Product Support. The Triumph Integrated Systems segment engages in designing, development and supporting proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. The Triumph Aerospace Structures segment engages in supplying of commercial, business, regional and military manufacturers with large metallic and composite structures and produce close-tolerance parts. The Triumph Product Support segment provides full life cycle solutions for commercial, regional and military aircraft. The company was founded by Richard C. Ill in 1993 and is headquartered in Berwyn, PA.
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