Allison Transm Receives a Buy from Barclays

By Austin Angelo

In a report released today, Robert Wertheimer from Barclays reiterated a Buy rating on Allison Transm (NYSE: ALSN), with a price target of $44. The company’s shares opened today at $35.91.

According to, Wertheimer is a 1-star analyst with an average return of -1.7% and a 51.1% success rate. Wertheimer covers the Industrial Goods sector, focusing on stocks such as Stanley Black & Decker Inc, Lincoln Electric Holdings, and Manitowoc Foodservice.

Currently, the analyst consensus on Allison Transm is Moderate Buy and the average price target is $40.25, representing a 12.1% upside.

In a report issued on April 12, Citigroup also reiterated a Buy rating on the stock with a $43 price target.

Allison Transm’s market cap is currently $5.59B and has a P/E ratio of 28.09. The company has a book value ratio of 5.4083.

Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of ALSN in relation to earlier this year. Earlier this month, Randall Kirk, the SVP, Prod. Eng. & Product Team of ALSN bought 10,356 shares for a total of $137,158.

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Allison Transmission Holdings, Inc. operates as a holding company, which operates through its subsidiaries. It designs and manufactures fully-automatic transmissions for medium and heavy-duty commercial vehicles, medium and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. The company’s products are used in a variety of applications, including on-highway trucks, buses, motorhomes, military vehicles, off-highway vehicles and equipment. Allison Transmission Holdings was founded on June 22, 2007 and is headquartered in Indianapolis, IN.