TRW Automotive Holdings Corp. Price Target Increased to $97.00 by Analysts at JPMorgan Chase & Co. (TRW)
Investment analysts at JPMorgan Chase & Co. lifted their target price on shares of TRW Automotive Holdings Corp. (NYSE:TRW) from $90.00 to $97.00 in a note issued to investors on Monday, American Banking & Market News reports. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s target price would suggest a potential upside of 23.82% from the company’s current price.
Shares of TRW Automotive Holdings Corp. (NYSE:TRW) traded down 0.22% on Monday, hitting $78.34. The stock had a trading volume of 597,630 shares. TRW Automotive Holdings Corp. has a one year low of $43.86 and a one year high of $78.71. The stock has a 50-day moving average of $72. and a 200-day moving average of $66.19. The company has a market cap of $9.181 billion and a P/E ratio of 10.02.
TRW Automotive Holdings Corp. (NYSE:TRW) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $2.02 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.67 by $0.35. The company had revenue of $4.50 billion for the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter last year, the company posted $1.72 earnings per share. TRW Automotive Holdings Corp.’s revenue was up 6.5% compared to the same quarter last year.
A number of other analysts have also recently weighed in on TRW. Analysts at RBC Capital reiterated a “buy” rating on shares of TRW Automotive Holdings Corp. in a research note to investors on Wednesday, October 16th. They now have a $88.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of TRW Automotive Holdings Corp. from $81.00 to $86.00 in a research note to investors on Wednesday, October 16th. They now have an “overweight” rating on the stock. Finally, analysts at Zacks upgraded shares of TRW Automotive Holdings Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, October 9th. They now have a $86.00 price target on the stock. One investment analyst has rated the stock with a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $81.45.
TRW Automotive Holdings Corp. (NYSE:TRW) is a supplier of automotive systems, modules and components to global automotive original equipment manufacturers (OEMs) and related aftermarkets.
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