DA Davidson Starts Ducommun Incorporated (DCO) at Neutral; Integration of Transformation Merger Underway
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Price: $19.07 +1.44%
Rating Summary:
9 Buy, 6 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
9 Buy, 6 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade DCO Now!
DA Davidson initiates coverage on Ducommun Incorporated (NYSE: DCO) with a Neutral. PT $16.00.
DA analyst says, "An industrial manufacturer of parts and components for the defense and commercial aircraft industries: With the recent acquisition of LaBarge, the company now generates approximately 49% of sales from defense markets, 24% from the commercial aerospace markets, 10% from industrial markets, 11% from natural resources, 5% from the medical industry, and 1% from other industries. Boeing (NYSE: BA) and Raytheon (NYSE: RTN) are the only customers that represent greater than 10% of revenues."
"Overall domestic government/defense spending is likely to shrink, but foreign military sales, if approved, could offset some of the decline."
For more ratings news on Ducommun Incorporated click here and for the rating history of Ducommun Incorporated click here.
Shares of Ducommun Incorporated closed at $14.06 yesterday, with a 52 week range of $13.51-$26.08.
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DA analyst says, "An industrial manufacturer of parts and components for the defense and commercial aircraft industries: With the recent acquisition of LaBarge, the company now generates approximately 49% of sales from defense markets, 24% from the commercial aerospace markets, 10% from industrial markets, 11% from natural resources, 5% from the medical industry, and 1% from other industries. Boeing (NYSE: BA) and Raytheon (NYSE: RTN) are the only customers that represent greater than 10% of revenues."
"Overall domestic government/defense spending is likely to shrink, but foreign military sales, if approved, could offset some of the decline."
For more ratings news on Ducommun Incorporated click here and for the rating history of Ducommun Incorporated click here.
Shares of Ducommun Incorporated closed at $14.06 yesterday, with a 52 week range of $13.51-$26.08.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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