Triumph Group Gets a Buy Rating from Robert W. Baird

By Ryan Adsit

Robert W. Baird analyst Peter Arment reiterated a Buy rating on Triumph Group (NYSE: TGI) on October 9 and set a price target of $34. The company’s shares opened today at $32.

According to, Arment is a 5-star analyst with an average return of 17.4% and a 82.1% success rate. Arment covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Lockheed Martin Corp, and Transdigm Group Inc.

Currently, the analyst consensus on Triumph Group is Moderate Buy and the average price target is $30.67, representing a -4.2% downside.

In a report issued on October 6, RBC Capital also reiterated a Buy rating on the stock with a $38 price target.

The company has a one-year high of $34.80 and a one-year low of $19.65. Currently, Triumph Group has an average volume of 723.1K.

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Triumph Group, Inc. is engaged in the design, engineer, manufacture, repair, overhaul and distribution of aerostructures, aircraft components, accessories, subassemblies and systems. It serves as a spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. It operates through three segments: Triumph Aerostructures Group, Triumph Aerospace Systems Group, and Triumph Aftermarket Services Group. The Triumph Aerostructures Group segment engages in design, manufacture and build complete metallic and composite aerostructures, and structural components. The Triumph Aerospace Systems Group segment involves in design and engineer mechanical, electromechanical, hydraulic, and hydromechanical control systems. The Aftermarket Services Group segment engages in the maintenance, repair and overhaul services and supplies spare parts for the commercial and military aviation industry and provides services to world’s airline and air cargo carrier customers. The company was founded by Richard C. Ill in 1993 and is headquartered in Berwyn, PA.