Canaccord Genuity Has Just Reaffirmed $36.0 Target Price Per Share on Triumph Group (NYSE:TGI) stock, While They’ve Also Reiterated Their Hold Rating

February 15, 2018 - By Linda Rogers

 Canaccord Genuity Has Just Reaffirmed $36.0 Target Price Per Share on Triumph Group (NYSE:TGI) stock, While They’ve Also Reiterated Their Hold Rating

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.27, from 1.2 in 2017Q2. It fall, as 34 investors sold Triumph Group, Inc. shares while 58 reduced holdings. 27 funds opened positions while 59 raised stakes. 48.03 million shares or 2.59% more from 46.82 million shares in 2017Q2 were reported.

Gotham Asset Management Lc stated it has 65,409 shares or 0.03% of all its holdings. Boston holds 0% or 122,229 shares in its portfolio. Alliancebernstein L P holds 73,190 shares. Teachers Retirement System Of The State Of Kentucky reported 17,290 shares. Millennium Mgmt Limited Liability Company invested 0% in Triumph Group, Inc. (NYSE:TGI). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% of its portfolio in Triumph Group, Inc. (NYSE:TGI). Lsv Asset Management accumulated 2.57M shares or 0.13% of the stock. Rockefeller Fin Services Inc holds 0.15% or 270,100 shares in its portfolio. Pnc Financial Services Group Inc Inc stated it has 100,690 shares. Ameriprise Fincl Inc owns 344,384 shares or 0% of their US portfolio. Wellington Mgmt Gp Llp accumulated 649,854 shares. 42,671 were accumulated by Advsr Asset Mngmt. California State Teachers Retirement Systems, California-based fund reported 78,197 shares. Nj State Employees Deferred Compensation Plan holds 0.15% of its portfolio in Triumph Group, Inc. (NYSE:TGI) for 27,000 shares. Raymond James Assocs, Florida-based fund reported 86,806 shares.

Triumph Group (NYSE:TGI) Rating Reaffirmed

Canaccord Genuity now has a $36.0 TP on the $1.35 billion market cap company or 32.35 % upside potential. In a research report revealed to investors on Thursday morning, Triumph Group (NYSE:TGI) shares have had their Hold Rating restate by stock analysts at Canaccord Genuity.

Investors sentiment decreased to 0.93 in Q3 2017. Its down 0.27, from 1.2 in 2017Q2. It fall, as 34 investors sold Triumph Group, Inc. shares while 58 reduced holdings. 27 funds opened positions while 59 raised stakes. 48.03 million shares or 2.59% more from 46.82 million shares in 2017Q2 were reported.

Gotham Asset Management Lc stated it has 65,409 shares or 0.03% of all its holdings. Boston holds 0% or 122,229 shares in its portfolio. Alliancebernstein L P holds 73,190 shares. Teachers Retirement System Of The State Of Kentucky reported 17,290 shares. Millennium Mgmt Limited Liability Company invested 0% in Triumph Group, Inc. (NYSE:TGI). Zurcher Kantonalbank (Zurich Cantonalbank) reported 0% of its portfolio in Triumph Group, Inc. (NYSE:TGI). Lsv Asset Management accumulated 2.57M shares or 0.13% of the stock. Rockefeller Fin Services Inc holds 0.15% or 270,100 shares in its portfolio. Pnc Financial Services Group Inc Inc stated it has 100,690 shares. Ameriprise Fincl Inc owns 344,384 shares or 0% of their US portfolio. Wellington Mgmt Gp Llp accumulated 649,854 shares. 42,671 were accumulated by Advsr Asset Mngmt. California State Teachers Retirement Systems, California-based fund reported 78,197 shares. Nj State Employees Deferred Compensation Plan holds 0.15% of its portfolio in Triumph Group, Inc. (NYSE:TGI) for 27,000 shares. Raymond James Assocs, Florida-based fund reported 86,806 shares.

Triumph Group, Inc. (NYSE:TGI) Ratings Coverage

Among 18 analysts covering Triumph Group (NYSE:TGI), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Triumph Group has $75 highest and $24.0 lowest target. $38.38’s average target is 41.10% above currents $27.2 stock price. Triumph Group had 60 analyst reports since July 30, 2015 according to SRatingsIntel. As per Thursday, May 25, the company rating was downgraded by Standpoint Research. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, November 15. Jefferies maintained it with “Hold” rating and $30.0 target in Friday, November 3 report. On Thursday, May 25 the stock rating was upgraded by Vertical Research to “Hold”. The stock of Triumph Group, Inc. (NYSE:TGI) earned “Buy” rating by RBC Capital Markets on Friday, October 6. The firm has “Underperform” rating given on Monday, February 6 by Bank of America. RBC Capital Markets maintained Triumph Group, Inc. (NYSE:TGI) rating on Thursday, July 27. RBC Capital Markets has “Buy” rating and $3300 target. The stock of Triumph Group, Inc. (NYSE:TGI) has “Buy” rating given on Friday, February 2 by Robert W. Baird. The firm has “Hold” rating by Jefferies given on Monday, August 28. The firm earned “Outperform” rating on Tuesday, May 16 by Robert W. Baird.

The stock increased 4.82% or $1.25 during the last trading session, reaching $27.2. About 315,449 shares traded. Triumph Group, Inc. (NYSE:TGI) has declined 35.48% since February 15, 2017 and is downtrending. It has underperformed by 52.18% the S&P500.

Triumph Group, Inc. designs, engineers, makes, repairs, overhauls, and distributes aero structures, aircraft components, accessories, subassemblies, and systems worldwide. The company has market cap of $1.35 billion. The firm operates through four divisions: Integrated Systems, Aerospace Structures, Precision Components, and Product Support. It currently has negative earnings. It offers aircraft and engine mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, landing gear actuation systems, control system valve bodies, landing gear components and assemblies, electronic engine controls, main engine gear box assemblies, exhaust nozzles and ducting, fuel pumps, geared transmissions and drive train components, secondary flight control systems, fuel metering units, and vibration absorbers, as well as offers processing services.

More notable recent Triumph Group, Inc. (NYSE:TGI) news were published by: Businesswire.com which released: “Triumph Group Announces Appointment of Two New Directors” on January 16, 2018, also Seekingalpha.com with their article: “Investors Haven’t Caught On Yet To Triumph Group’s Turnaround” published on February 05, 2018, Nasdaq.com published: “Stay Invested in Triumph Group (TGI) Stock: Here’s Why” on January 17, 2018. More interesting news about Triumph Group, Inc. (NYSE:TGI) were released by: Nasdaq.com and their article: “Triumph Group Inc. Profit Retreats In Q3” published on February 01, 2018 as well as Zacks.com‘s news article titled: “Triumph Group (TGI) Beats on Q3 Earnings, Misses Revenues” with publication date: February 02, 2018.

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