Moog (NYSE:MOG.A) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Saturday. The brokerage presently has a $98.00 price objective on the aerospace company’s stock. Zacks Investment Research‘s price objective would suggest a potential upside of 11.67% from the company’s current price.
According to Zacks, “Moog, Inc. is a designer, manufacturer and integrator of precision motion, fluid controls and systems for applications in aerospace, defense and industrial markets. It operates through five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. The Aircraft Controls segment designs, manufactures and integrates primary and secondary flight controls for military and commercial aircraft and provides aftermarket support. The Space and Defense Controls segment provides controls for satellites and space vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance. The Industrial Systems segment designs and manufactures electric pitch controls and blade monitoring systems for wind turbines and also supplies electromechanical motion simulation bases. Its Components segment offers slip rings, fiber optic rotary joints and handpieces product line. Its Medical Devices segment focuses on infusion therapy & enteral clinical nutrition. “
Other analysts also recently issued reports about the company. SunTrust Banks reiterated a “hold” rating and issued a $87.00 price target on shares of Moog in a report on Friday, November 3rd. ValuEngine upgraded Moog from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, Cowen reiterated a “hold” rating on shares of Moog in a report on Friday, November 3rd.
COPYRIGHT VIOLATION NOTICE: “Moog (MOG.A) Rating Increased to Buy at Zacks Investment Research” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international copyright legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2018/01/06/moog-mog-a-rating-increased-to-buy-at-zacks-investment-research.html.
Moog Inc is a designer, manufacturer and integrator of precision motion and fluid controls and systems for a range of applications in aerospace and defense and industrial markets. The Company has five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Moog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moog and related companies with MarketBeat.com's FREE daily email newsletter.