Brokerages Set Triumph Group, Inc. (NYSE:TGI) PT at $16.67

Triumph Group, Inc. (NYSE:TGI) has received a consensus rating of “Hold” from the nine research firms that are presently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $16.67.

Several equities analysts recently weighed in on the stock. Barclays increased their price objective on shares of Triumph Group from $16.00 to $21.00 and gave the company an “overweight” rating in a report on Tuesday, November 19th. TD Cowen raised Triumph Group to a “hold” rating in a research note on Thursday, December 19th. StockNews.com raised Triumph Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Truist Financial increased their target price on Triumph Group from $12.00 to $18.00 and gave the company a “hold” rating in a research note on Wednesday, November 13th. Finally, JPMorgan Chase & Co. lowered Triumph Group from a “neutral” rating to an “underweight” rating and decreased their target price for the stock from $15.00 to $12.00 in a research report on Monday, October 14th.

Triumph Group Trading Down 1.5 %

Triumph Group stock opened at $18.35 on Monday. The company has a market cap of $1.42 billion, a PE ratio of 2.69 and a beta of 2.53. Triumph Group has a 1 year low of $11.01 and a 1 year high of $19.71. The company’s 50-day moving average is $18.25 and its two-hundred day moving average is $15.76.

Institutional Trading of Triumph Group

Large investors have recently bought and sold shares of the business. Quest Partners LLC acquired a new position in shares of Triumph Group in the second quarter valued at approximately $41,000. Canada Pension Plan Investment Board acquired a new position in Triumph Group in the 2nd quarter worth $125,000. International Assets Investment Management LLC increased its holdings in Triumph Group by 1,189.0% during the 3rd quarter. International Assets Investment Management LLC now owns 10,312 shares of the aerospace company’s stock worth $133,000 after purchasing an additional 9,512 shares in the last quarter. Centiva Capital LP acquired a new stake in shares of Triumph Group in the 3rd quarter valued at about $255,000. Finally, Intech Investment Management LLC bought a new stake in shares of Triumph Group in the second quarter valued at about $326,000. 94.53% of the stock is owned by institutional investors.

Triumph Group Company Profile

Triumph Group, Inc designs, engineers, manufactures, repairs, overhauls, and distributes aircraft, aircraft components, accessories, subassemblies, and systems worldwide. It operates in two segments, Triumph Systems & Support, and Triumph Interiors. The company offers aircraft and engine-mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, control system valve bodies, landing gear actuation systems, electronic engine controls, landing gear components and assemblies, cyber protected process controllers, main engine gearbox assemblies, geared transmissions and drive train components, main fuel pumps, fuel-metering units, primary and secondary flight control systems, and vibration absorbers.