Analysts Have Conflicting Sentiments on These Conglomerates Companies: Triumph Group Inc (NYSE: TGI) and Raytheon (NYSE: RTN)

By George MacDonald

Analysts have been eager to weigh in on the Conglomerates sector with new ratings on Triumph Group Inc (NYSE: TGI) and Raytheon (NYSE: RTN).

Triumph Group Inc (NYSE: TGI)

Deutsche Bank analyst Myles Walton maintained a Buy rating on Triumph Group (NYSE: TGI) on January 29 and set a price target of $40. The company’s shares closed last Friday at $25.50, close to its 52-week low of $24.31.

Currently, the analyst consensus on Triumph Group is Moderate Buy and the average price target is $46.75, representing an 83.3% upside. In a report issued on January 29, Credit Suisse also maintained a Buy rating on the stock with a $44 price target.

According to TipRanks.com, Walton is a 4-star analyst with an average return of 4.0% and a 54.3% success rate. Walton covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp., General Dynamics Corp., and Lockheed Martin Corp.

Raytheon (NYSE: RTN)

Deutsche Bank analyst Myles Walton maintained a Hold rating on Raytheon (NYSE: RTN) on January 29 and set a price target of $135. The company’s shares closed last Friday at $128.24, close to its 52-week high of $129.29.

Raytheon has an analyst consensus of Moderate Buy, with a price target consensus of $136.50.

According to TipRanks.com, Walton is a 4-star analyst with an average return of 4.0% and a 54.3% success rate. Walton covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp., General Dynamics Corp., and Lockheed Martin Corp.