Ducommun Upgraded to “Buy” at Noble Financial (DCO)
Ducommun (NYSE:DCO) was upgraded by Noble Financial from a “hold” rating to a “buy” rating in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm currently has a $32.00 price target on the stock. Noble Financial’s price target points to a potential upside of 31.90% from the company’s current price.
A number of other firms have also recently commented on DCO. Analysts at Canaccord Genuity downgraded shares of Ducommun from a “buy” rating to a “hold” rating in a research note on Friday. They now have a $30.00 price target on the stock, down previously from $34.00. Analysts at Zacks upgraded shares of Ducommun from an “underperform” rating to a “neutral” rating in a research note on Tuesday, December 31st. They now have a $30.50 price target on the stock. Six research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $30.93.
Ducommun (NYSE:DCO) opened at 24.26 on Tuesday. Ducommun has a 1-year low of $14.32 and a 1-year high of $31.35. The stock’s 50-day moving average is $28.66 and its 200-day moving average is $27.32. The company has a market cap of $261.5 million and a P/E ratio of 17.96.
Ducommun Incorporated (NYSE:DCO), through its subsidiaries, designs, engineers and manufactures aerostructure and electromechanical components and subassemblies, and provides engineering, technical and program management services for the aerospace industry.
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