Triumph Group Gets a Hold Rating from Cowen & Co.

By Carrie Williams

In a report released yesterday, Cai Rumohr from Cowen & Co. maintained a Hold rating on Triumph Group (NYSE: TGI), with a price target of $20. The company’s shares closed yesterday at $22.55.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 16.4% and a 74.9% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

Triumph Group has an analyst consensus of Hold, with a price target consensus of $30.

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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 581.7K.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock.

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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.