Triumph Group Inc (NYSE:TGI)‘s stock had its “hold” rating reaffirmed by analysts at Canaccord Genuity in a report issued on Thursday. They currently have a $30.00 price objective on the aerospace company’s stock. Canaccord Genuity’s price objective indicates a potential upside of 15.38% from the company’s previous close.

TGI has been the topic of several other research reports. Royal Bank of Canada began coverage on Triumph Group in a research note on Wednesday, January 11th. They set an “outperform” rating and a $35.00 target price on the stock. Jefferies Group LLC set a $44.00 target price on Triumph Group and gave the company a “buy” rating in a research note on Thursday, February 2nd. Zacks Investment Research raised Triumph Group from a “sell” rating to a “hold” rating in a research note on Wednesday, April 12th. SunTrust Banks, Inc. began coverage on Triumph Group in a research note on Thursday, January 19th. They set a “hold” rating and a $28.00 target price on the stock. They noted that the move was a valuation call. Finally, Robert W. Baird reaffirmed an “underperform” rating and set a $21.00 target price on shares of Triumph Group in a research note on Friday, January 20th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company. Triumph Group has a consensus rating of “Hold” and an average target price of $32.25.

Analyst Recommendations for Triumph Group (NYSE:TGI)

Shares of Triumph Group (NYSE:TGI) opened at 26.00 on Thursday. The firm has a 50-day moving average price of $25.28 and a 200-day moving average price of $26.31. The stock’s market cap is $1.29 billion. Triumph Group has a 52 week low of $22.40 and a 52 week high of $40.09.

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Triumph Group (NYSE:TGI) last announced its earnings results on Thursday, February 2nd. The aerospace company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.86 by $0.15. The firm had revenue of $844.90 million for the quarter, compared to the consensus estimate of $859.86 million. Triumph Group had a positive return on equity of 22.67% and a negative net margin of 27.13%. The firm’s revenue for the quarter was down 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.39 EPS. On average, analysts forecast that Triumph Group will post $3.16 earnings per share for the current fiscal year.

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Hedge funds have recently bought and sold shares of the company. BKS Advisors LLC purchased a new stake in Triumph Group during the third quarter worth approximately $102,000. LS Investment Advisors LLC increased its stake in Triumph Group by 72.2% in the second quarter. LS Investment Advisors LLC now owns 3,054 shares of the aerospace company’s stock worth $108,000 after buying an additional 1,280 shares in the last quarter. Trust Department MB Financial Bank N A increased its stake in Triumph Group by 633.3% in the second quarter. Trust Department MB Financial Bank N A now owns 1,716 shares of the aerospace company’s stock worth $114,000 after buying an additional 1,482 shares in the last quarter. Bank of Montreal Can increased its stake in Triumph Group by 8.0% in the first quarter. Bank of Montreal Can now owns 5,252 shares of the aerospace company’s stock worth $135,000 after buying an additional 391 shares in the last quarter. Finally, Sandy Spring Bank increased its stake in Triumph Group by 3,233.3% in the third quarter. Sandy Spring Bank now owns 5,000 shares of the aerospace company’s stock worth $139,000 after buying an additional 4,850 shares in the last quarter. 98.78% of the stock is currently owned by institutional investors.

Triumph Group Company Profile

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