Transdigm Group (TDG) Receives a Hold from Stifel Nicolaus

In a report released on May 10, Bert Subin from Stifel Nicolaus maintained a Hold rating on Transdigm Group (TDG – Research Report), with a price target of $1,300.00. The company’s shares closed last Friday at $1,310.49.

According to TipRanks, Subin is a 4-star analyst with an average return of 7.8% and a 63.28% success rate. Subin covers the Industrials sector, focusing on stocks such as KBR, Boeing, and Hexcel.

Transdigm Group has an analyst consensus of Moderate Buy, with a price target consensus of $1,392.38, implying a 6.25% upside from current levels. In a report released on May 9, J.P. Morgan also maintained a Hold rating on the stock with a $1,350.00 price target.

Based on Transdigm Group’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.79 billion and a net profit of $382 million. In comparison, last year the company earned a revenue of $1.4 billion and had a net profit of $228 million

Based on the recent corporate insider activity of 74 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TDG in relation to earlier this year. Last month, Joel Reiss, the Co-COO of TDG sold 3,000.00 shares for a total of $3,699,276.47.

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Transdigm Group (TDG) Company Description:

TransDigm Group Incorporated is an aerospace manufacturing company. The company designs, produce, and supply of highly engineered aerospace components, systems and subsystems that are used in commercial and military aircraft.