Credit Suisse Group Reiterates “Underperform” Rating for Moog (MOG)

Moog (NYSE:MOG)‘s stock had its “underperform” rating restated by equities researchers at Credit Suisse Group in a research note issued on Monday, The Fly reports. They currently have a $82.00 price target on the stock, up from their prior price target of $75.00. Credit Suisse Group’s price target would suggest a potential downside of 0.94% from the company’s previous close.

Shares of Moog (NYSE MOG) traded down $1.33 during midday trading on Monday, hitting $82.78. The stock had a trading volume of 100 shares, compared to its average volume of 119,259. Moog has a 52 week low of $82.17 and a 52 week high of $84.30. The stock has a market capitalization of $3,200.00, a price-to-earnings ratio of 21.23 and a beta of 1.82.

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About Moog

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.

The Fly

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