Transdigm Group Inc Gets a Buy Rating from Canaccord Genuity

By Ryan Adsit

In a report issued on September 13, Kenneth Herbert from Canaccord Genuity reiterated a Buy rating on Transdigm Group Inc (NYSE: TDG), with a price target of $330. The company’s shares closed yesterday at $254.72.

According to, Herbert is a 5-star analyst with an average return of 10.3% and a 56.9% success rate. Herbert covers the Consumer Goods sector, focusing on stocks such as CPI Aerostructures, Spirit AeroSystems, and Rockwell Collins.

Currently, the analyst consensus on Transdigm Group Inc is Moderate Buy and the average price target is $311.29, representing a 22.2% upside.

In a report issued on September 1, RBC Capital also reiterated a Buy rating on the stock with a $316 price target.

Transdigm Group Inc’s market cap is currently $13.1B and has a P/E ratio of 28.18. The company has a book value ratio of -6.9728.

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TransDigm Group, Inc. engages in the design and supply of engineered aerospace components, systems and subsystems. It operates through the following segments: Power & Control, Airframe, and Non-Aviation.