Cowen & Co. Maintains Their Hold Rating on Spirit AeroSystems (SPR)

By Jason Carr

Cowen & Co. analyst Cai Rumohr maintained a Hold rating on Spirit AeroSystems (SPRResearch Report) today and set a price target of $93. The company’s shares closed yesterday at $86.90.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 14.6% and a 73.1% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and Bombardier Inc.

Currently, the analyst consensus on Spirit AeroSystems is a Moderate Buy with an average price target of $102.86.

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The company has a one-year high of $100.34 and a one-year low of $64.48. Currently, Spirit AeroSystems has an average volume of 1.19M.

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Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates its business through the following segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces and markets forward, mid, and rear fuselage sections and systems.