Triumph Group (TGI) Gets a Sell Rating from Barclays

Barclays analyst David E. Strauss maintained a Sell rating on Triumph Group (TGIResearch Report) on November 15 and set a price target of $23.00. The company’s shares closed last Monday at $28.49, close to its 52-week high of $28.92.

According to TipRanks.com, Strauss is a 4-star analyst with an average return of 7.1% and a 61.1% success rate. Strauss covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies, Huntington Ingalls, and General Dynamics.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Triumph Group with a $23.00 average price target.

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Based on Triumph Group’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $42.7 million. In comparison, last year the company had a GAAP net loss of $14.68 million.

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Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing and overhauling of aerospace and defense systems, components and structures. It operates through the following three segments: Triumph Integrated Systems, Triumph Aerospace Structures and Triumph Product Support.