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Spirit AeroSystems Holdings (NYSE:SPR) was downgraded by KeyCorp from a “buy” rating to a “hold” rating in a research note issued on Friday, TheFlyOnTheWall.com reports.

Shares of Spirit AeroSystems Holdings (NYSE:SPR) opened at 27.06 on Friday. Spirit AeroSystems Holdings has a 52-week low of $15.80 and a 52-week high of $35.89. The stock’s 50-day moving average is $33.60 and its 200-day moving average is $28.35. The company has a market cap of $3.915 billion and a P/E ratio of 146.46.

Spirit AeroSystems Holdings (NYSE:SPR) last released its earnings data on Thursday, February 6th. The company reported ($4.15) earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.62 earnings per share. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, analysts predict that Spirit AeroSystems Holdings will post $2.68 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at Bank of America Corp. downgraded shares of Spirit AeroSystems Holdings from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $32.00 price target on the stock, down previously from $36.00. Finally, analysts at Barclays raised their price target on shares of Spirit AeroSystems Holdings from $33.00 to $44.00 in a research note to investors on Wednesday, December 18th. They now have an “overweight” rating on the stock. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $30.07.

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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