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Investment analysts at Canaccord Genuity decreased their price target on shares of Spirit AeroSystems Holdings (NYSE:SPR) from $38.00 to $32.00 in a note issued to investors on Friday, Stock Ratings Network reports. Canaccord Genuity’s price target would suggest a potential upside of 20.71% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. downgraded shares of Spirit AeroSystems Holdings to a “hold” rating in a research note to investors on Friday. They now have a $28.00 price target on the stock, down previously from $31.00. Separately, analysts at KeyCorp reiterated a “hold” rating on shares of Spirit AeroSystems Holdings in a research note to investors on Friday. Finally, analysts at Zacks upgraded shares of Spirit AeroSystems Holdings from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday. They now have a $37.00 price target on the stock. Eleven analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $29.85.

Shares of Spirit AeroSystems Holdings (NYSE:SPR) opened at 26.51 on Friday. Spirit AeroSystems Holdings has a one year low of $15.80 and a one year high of $35.89. The stock’s 50-day moving average is $33.77 and its 200-day moving average is $28.32. The company has a market cap of $3.835 billion and a price-to-earnings ratio of 182.15.

Spirit AeroSystems Holdings (NYSE:SPR) last issued its quarterly earnings data on Thursday, February 6th. The company reported ($4.15) earnings per share for the quarter, missing the analysts’ consensus estimate of $0.65 by $4.80. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the prior year, the company posted $0.62 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. On average, analysts predict that Spirit AeroSystems Holdings will post $0.50 earnings per share for the current fiscal year.

Spirit AeroSystems Holdings, Inc (NYSE:SPR) is an independent non- original equipment manufacturer (OEM) aircraft parts designers and manufacturers of commercial aerostructures.

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