SunTrust Robinson Reiterates a Hold Rating on Astronics Corp

By Carrie Williams

SunTrust Robinson analyst Michael Ciarmoli reiterated a Hold rating on Astronics Corp (NASDAQ: ATRO) on October 9 and set a price target of $30. The company’s shares opened today at $30.75.

According to TipRanks.com, Ciarmoli is a 5-star analyst with an average return of 16.8% and a 78.6% success rate. Ciarmoli covers the Consumer Goods sector, focusing on stocks such as Aerojet Rocketdyne Holdings, Comtech Telecommunications, and Teledyne Technologies Inc.

Astronics Corp has an analyst consensus of Moderate Buy, with a price target consensus of $33.

Astronics Corp’s market cap is currently $883.4M and has a P/E ratio of 22.30. The company has a book value ratio of 2.5406.

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Astronics Corp. supplies lighting systems, electrical power generation and distribution systems, avionics databus solutions and aircraft safety systems to the global aerospace defense, electronics and semiconductor industries. It operates through the following business segments: Aerospace and Test Systems.