Goldman Sachs Starts Triumph Group (TGI) at Buy
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Price: $72.43 -1.75%
Rating Summary:
9 Buy, 4 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 8
Rating Summary:
9 Buy, 4 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 8
Trade TGI Now!
Goldman Sachs initiates coverage on Triumph Group (NYSE: TGI) with a Buy rating and $73 price target, suggesting 34 percent upside.
"In our view, TGI is one of the least understood and appreciated stories in the Aerospace supply chain," the analyst said. Goldman believes the company has very solid growth drivers and that it is in the middle of a transformational period and integrating the "game-changing" Vought acquisition. They expect greater margin and cash flow improvement than most others in the space.
For an analyst ratings summary and ratings history on Triumph Group click here. For more ratings news on Triumph Group click here.
Shares of Triumph Group closed at $54.54 yesterday, with a 52 week range of $42.78-$103.80.
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"In our view, TGI is one of the least understood and appreciated stories in the Aerospace supply chain," the analyst said. Goldman believes the company has very solid growth drivers and that it is in the middle of a transformational period and integrating the "game-changing" Vought acquisition. They expect greater margin and cash flow improvement than most others in the space.
For an analyst ratings summary and ratings history on Triumph Group click here. For more ratings news on Triumph Group click here.
Shares of Triumph Group closed at $54.54 yesterday, with a 52 week range of $42.78-$103.80.
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