Esterline Techs Receives a New Rating from Top Analyst

By Ryan Adsit

In a report released yesterday, Howard Rubel from Jefferies reiterated a Hold rating on Esterline Techs (NYSE: ESL), with a price target of $92. The company’s shares closed yesterday at $86.85.

According to, Rubel is a top 25 analyst with an average return of 16.9% and a 80.6% success rate. Rubel covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp, Honeywell International, and General Dynamics Corp.

Esterline Techs has an analyst consensus of Moderate Buy, with a price target consensus of $95.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock.

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Esterline Technologies Corp. engages in the manufacture of aircraft parts and components, automated drilling products and machine tool systems. It operates through the following segments: Avionics and Controls; Sensors and Systems; and Advanced Materials. The Avionics and Controls segment includes avionics systems, control systems, interface technologies and communication systems capabilities. The Sensors and Systems segment includes power systems, connection technologies and advanced sensors capabilities. The Advanced Materials segment includes engineered materials and defense technologies capabilities. It also develops and manufactures combustible ordnance and countermeasures for military applications. The company was founded in 1967 and is headquartered in Bellevue, WA.