Barclays analyst David E. Strauss maintained a Buy rating on Spirit AeroSystems (SPR – Research Report) today and set a price target of $40.00. The company’s shares closed last Friday at $30.49.
E. Strauss covers the Industrials sector, focusing on stocks such as Boeing, GE Aerospace, and Spirit AeroSystems. According to TipRanks, E. Strauss has an average return of 6.5% and a 59.04% success rate on recommended stocks.
In addition to Barclays, Spirit AeroSystems also received a Buy from Robert W. Baird’s Peter Arment in a report issued on May 7. However, on May 10, Goldman Sachs maintained a Hold rating on Spirit AeroSystems (NYSE: SPR).
The company has a one-year high of $36.34 and a one-year low of $14.65. Currently, Spirit AeroSystems has an average volume of 3.16M.
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Spirit AeroSystems (SPR) Company Description:
Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates its business through the following segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces and markets forward, mid, and rear fuselage sections and systems. The Propulsion Systems segment offers struts or pylons, nacelles, and related engine components. The Wing Systems segment includes the development, production, and market of wings, wing components, and other miscellaneous structural parts to primarily aircraft original equipment manufacturer, related spares, and maintenance, repair, and overhaul services. The company was founded on February 7, 2005 and is headquartered in Wichita, KS.
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