Triumph Group (TGI) Receives a Buy from Cowen & Co.

By Austin Angelo

In a report released today, Cai Rumohr from Cowen & Co. maintained a Buy rating on Triumph Group (TGIResearch Report), with a price target of $22. The company’s shares closed yesterday at $19.76.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 14.0% and a 71.0% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Triumph Group with a $21.50 average price target.

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The company has a one-year high of $29.60 and a one-year low of $11.16. Currently, Triumph Group has an average volume of 858.9K.

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Triumph Group, Inc. engages in the design, engineering, manufacture, repair, overhaul, and distribution of aircraft structures, components, accessories, subassemblies, and systems. It operates through the following segments: Integrated Systems, Aerospace Structures, and Product Support.