Credit Suisse Group Downgrades Moog (MOG.A) to Underperform

Moog (NYSE:MOG.A) was downgraded by research analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a research note issued to investors on Friday.

Several other research analysts also recently issued reports on the stock. Zacks Investment Research downgraded shares of Moog from a “buy” rating to a “hold” rating in a report on Friday, January 5th. Cowen reiterated a “hold” rating on shares of Moog in a report on Friday, November 3rd. ValuEngine upgraded shares of Moog from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, SunTrust Banks reiterated a “hold” rating and set a $87.00 price target on shares of Moog in a report on Friday, November 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Moog has an average rating of “Hold” and an average target price of $87.67.

Shares of Moog (MOG.A) traded down $1.52 on Friday, reaching $88.78. 97,379 shares of the company’s stock traded hands, compared to its average volume of 121,164. Moog has a 1-year low of $60.28 and a 1-year high of $91.29. The firm has a market capitalization of $3,170.00, a P/E ratio of 22.76 and a beta of 1.82. The company has a current ratio of 2.58, a quick ratio of 1.81 and a debt-to-equity ratio of 0.79.

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Moog Company Profile

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.

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