Triumph Group, Inc. (TGI) Receives $30.00 Average PT from Analysts

Shares of Triumph Group, Inc. (NYSE:TGI) have been assigned an average recommendation of “Hold” from the fifteen ratings firms that are covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, six have given a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $30.00.

Several brokerages have recently weighed in on TGI. Jefferies Group LLC lowered Triumph Group from a “buy” rating to a “hold” rating and set a $37.00 price objective on the stock. in a report on Monday, July 24th. Canaccord Genuity reissued a “hold” rating and set a $34.00 price objective on shares of Triumph Group in a report on Thursday, July 20th. SunTrust Banks, Inc. reissued a “hold” rating and set a $28.00 price objective on shares of Triumph Group in a report on Thursday, October 12th. Robert W. Baird reissued a “buy” rating and set a $34.00 price objective on shares of Triumph Group in a report on Thursday, October 12th. Finally, BidaskClub raised Triumph Group from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 5th.

A number of hedge funds have recently made changes to their positions in the stock. BlackRock Inc. boosted its stake in Triumph Group by 13,862.7% in the 1st quarter. BlackRock Inc. now owns 7,517,512 shares of the aerospace company’s stock valued at $193,578,000 after buying an additional 7,463,672 shares in the last quarter. Vanguard Group Inc. boosted its stake in Triumph Group by 20.1% in the 1st quarter. Vanguard Group Inc. now owns 5,258,989 shares of the aerospace company’s stock valued at $135,419,000 after buying an additional 880,074 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Triumph Group by 43.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,573,763 shares of the aerospace company’s stock valued at $81,330,000 after buying an additional 774,964 shares in the last quarter. LSV Asset Management boosted its stake in Triumph Group by 1.2% in the 2nd quarter. LSV Asset Management now owns 2,493,262 shares of the aerospace company’s stock valued at $78,787,000 after buying an additional 29,500 shares in the last quarter. Finally, Teachers Advisors LLC boosted its stake in Triumph Group by 14.0% in the 1st quarter. Teachers Advisors LLC now owns 1,782,579 shares of the aerospace company’s stock valued at $45,901,000 after buying an additional 219,033 shares in the last quarter. 99.75% of the stock is currently owned by institutional investors and hedge funds.

COPYRIGHT VIOLATION NOTICE: This story was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this story on another site, it was copied illegally and reposted in violation of U.S. and international copyright & trademark law. The original version of this story can be viewed at https://www.com-unik.info/2017/10/31/triumph-group-inc-tgi-receives-30-00-average-pt-from-analysts.html.

Shares of Triumph Group (NYSE TGI) traded up 1.64% during trading on Thursday, reaching $31.05. The company had a trading volume of 399,558 shares. The stock has a 50 day moving average price of $30.39 and a 200 day moving average price of $28.93. The firm’s market capitalization is $1.54 billion. Triumph Group has a 12 month low of $19.65 and a 12 month high of $34.80.

Triumph Group Company Profile

Analyst Recommendations for Triumph Group (NYSE:TGI)

What are top analysts saying about Triumph Group Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Triumph Group Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit