Close

TransDigm (TDG) PT Raised to $525 at Vertical Research Partners; Upside from Esterline Merger

March 20, 2019 8:16 AM EDT
Get Alerts TDG Hot Sheet
Price: $1,231.10 -0.22%

Rating Summary:
    20 Buy, 11 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 10 | New: 11
Join SI Premium – FREE

Vertical Research Partners analyst Robert Stallard raised the price target on TransDigm (NYSE: TDG) to $525.00 (from $449.00) while maintaining a Buy rating after the acquisition of Esterline had closed.

  • FY19 adjusted EPS remains at $17.10, while FY20 is +$2/sh from our prior estimate to $21.83
  • Esterline is a fixer upper and it will take time to get it closer to the TransDigm level of performance
  • Industry trends remain supportive


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments, Analyst EPS Change, Analyst PT Change

Related Entities

Definitive Agreement