Jefferies Maintains a 'Buy' on Spirit AeroSystems (SPR); Q2 Review

August 3, 2012 7:35 AM EDT Send to a Friend
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Price: $21.63 -0.41%

Rating Summary:
    10 Buy, 12 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 25 | New: 24
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Jefferies maintains a 'Buy' on Spirit AeroSystems (NYSE: SPR) price target of $28.00.

Analyst, Howard A Rubel, said, "SPR's Q2:12 results showed improvement in the underlying business, while offering a glimpse at the future opportunities. Ex- items, EPS were $0.55 vs. Cons. of $0.52. With expansion from core programs over the next 12 months, we see potential for capturing operating leverage. Multiple expansion should come with improvement in performance."

For an analyst ratings summary and ratings history on Spirit AeroSystems click here. For more ratings news on Spirit AeroSystems click here.

Shares of Spirit AeroSystems closed at $23.12 yesterday, with a 52 week range of $14.27-$26.00.


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