In a report issued on January 24, Peter Arment from Robert W. Baird maintained a Buy rating on Triumph Group (TGI – Research Report), with a price target of $28.00. The company’s shares closed last Thursday at $20.51.
According to TipRanks.com, Arment is a 5-star analyst with an average return of 11.0% and a 63.1% success rate. Arment covers the Technology sector, focusing on stocks such as L3Harris Technologies, Raytheon Technologies, and Spirit AeroSystems.
Currently, the analyst consensus on Triumph Group is a Hold with an average price target of $22.50.
Triumph Group’s market cap is currently $1.33B and has a P/E ratio of -11.58.
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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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