Barclays Maintains an 'Overweight" on Goodrich (GR); Shifting Into Higher Gear
Tweet
Share
E-mailGet Alerts GR Hot Sheet
Price: $127.48 --0%
Rating Summary:
2 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
2 Buy, 13 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Barclays maintains an 'Overweight" on Goodrich (NYSE: GR), price target raised from $105 to $120.
Barclays analyst says, "Heading into Q2 earnings, we think investors had high expectations for Goodrich and given the impressive earnings beat and guidance raise, we think the company easily exceeded those already high expectations. In our view, GR reported strong Q2 earnings with EPS of $1.38 beating consensus of $1.31, based on strong growth in all the major markets...Following the strong quarter, the significant guidance increase and management's bullish comments, we are raising our 2011 and 2012 EPS estimates to $6.05 and $7.10, respectively."
For more ratings news on Goodrich click here and for the rating history of Goodrich click here.
Shares of Goodrich closed at $98.18 yesterday.
Barclays analyst says, "Heading into Q2 earnings, we think investors had high expectations for Goodrich and given the impressive earnings beat and guidance raise, we think the company easily exceeded those already high expectations. In our view, GR reported strong Q2 earnings with EPS of $1.38 beating consensus of $1.31, based on strong growth in all the major markets...Following the strong quarter, the significant guidance increase and management's bullish comments, we are raising our 2011 and 2012 EPS estimates to $6.05 and $7.10, respectively."
For more ratings news on Goodrich click here and for the rating history of Goodrich click here.
Shares of Goodrich closed at $98.18 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Walmart (WMT) PT Lowered to $130 at UBS on Investment Narrative's Competing Dynamics
- Advance Auto Parts (AAP) PT Lowered to $43 at Truist Securities
- Vireo Growth completes acquisition of C21 Investments
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Barclays, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
