Triumph Group (NYSE:TGI) “Buy” Rating Kept Today By RBC Capital; The TP is Set to $39.0

February 24, 2018 - By Stephen Andrade

 Triumph Group (NYSE:TGI)

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.27, from 1.2 in 2017Q2. It dropped, as 34 investors sold Triumph Group, Inc. shares while 58 reduced holdings. 27 funds opened positions while 59 raised stakes. 48.03 million shares or 2.59% more from 46.82 million shares in 2017Q2 were reported.

Goldman Sachs stated it has 0.01% of its portfolio in Triumph Group, Inc. (NYSE:TGI). Snow Capital Management Limited Partnership holds 0.16% or 109,823 shares in its portfolio. Morgan Stanley reported 0% of its portfolio in Triumph Group, Inc. (NYSE:TGI). Gsa Capital Ptnrs Ltd Liability Partnership reported 29,629 shares. Sei Com reported 7,160 shares. Systematic Fincl Mgmt Lp accumulated 55,305 shares. California Employees Retirement System owns 175,045 shares. State Bank Of New York Mellon Corporation holds 753,712 shares. Truenorth holds 0.8% or 57,878 shares in its portfolio. Ahl Llp accumulated 293,226 shares. Wells Fargo & Communication Mn holds 126,891 shares. Gargoyle Invest Advisor Limited Liability owns 0.12% invested in Triumph Group, Inc. (NYSE:TGI) for 10,900 shares. Inv Counselors Of Maryland Ltd Liability owns 561,712 shares or 0.85% of their US portfolio. Paradigm Mgmt Ny invested in 46,000 shares or 0.12% of the stock. Panagora Asset Mgmt Inc invested in 0% or 36,930 shares.

Triumph Group (NYSE:TGI) Rating Reaffirmed

In an analyst note issued to investors and clients this morning, RBC Capital reiterated their “Buy” rating on Triumph Group (NYSE:TGI) shares. The TP indicates a possible upside of 42.08 % from firm’s previous close.

Investors sentiment decreased to 0.93 in 2017 Q3. Its down 0.27, from 1.2 in 2017Q2. It dropped, as 34 investors sold Triumph Group, Inc. shares while 58 reduced holdings. 27 funds opened positions while 59 raised stakes. 48.03 million shares or 2.59% more from 46.82 million shares in 2017Q2 were reported.

Goldman Sachs stated it has 0.01% of its portfolio in Triumph Group, Inc. (NYSE:TGI). Snow Capital Management Limited Partnership holds 0.16% or 109,823 shares in its portfolio. Morgan Stanley reported 0% of its portfolio in Triumph Group, Inc. (NYSE:TGI). Gsa Capital Ptnrs Ltd Liability Partnership reported 29,629 shares. Sei Com reported 7,160 shares. Systematic Fincl Mgmt Lp accumulated 55,305 shares. California Employees Retirement System owns 175,045 shares. State Bank Of New York Mellon Corporation holds 753,712 shares. Truenorth holds 0.8% or 57,878 shares in its portfolio. Ahl Llp accumulated 293,226 shares. Wells Fargo & Communication Mn holds 126,891 shares. Gargoyle Invest Advisor Limited Liability owns 0.12% invested in Triumph Group, Inc. (NYSE:TGI) for 10,900 shares. Inv Counselors Of Maryland Ltd Liability owns 561,712 shares or 0.85% of their US portfolio. Paradigm Mgmt Ny invested in 46,000 shares or 0.12% of the stock. Panagora Asset Mgmt Inc invested in 0% or 36,930 shares.

Triumph Group, Inc. (NYSE:TGI) Ratings Coverage

Among 18 analysts covering Triumph Group (NYSE:TGI), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Triumph Group has $75 highest and $24.0 lowest target. $38.38’s average target is 39.82% above currents $27.45 stock price. Triumph Group had 60 analyst reports since July 30, 2015 according to SRatingsIntel. Robert W. Baird maintained it with “Buy” rating and $34.0 target in Thursday, September 7 report. RBC Capital Markets maintained it with “Buy” rating and $33.0 target in Friday, October 6 report. The stock has “Buy” rating by RBC Capital Markets on Thursday, July 27. The stock of Triumph Group, Inc. (NYSE:TGI) earned “Outperform” rating by RBC Capital Markets on Friday, January 29. The stock of Triumph Group, Inc. (NYSE:TGI) has “Hold” rating given on Monday, August 28 by Jefferies. As per Thursday, October 6, the company rating was initiated by Robert W. Baird. Jefferies maintained Triumph Group, Inc. (NYSE:TGI) on Friday, September 29 with “Hold” rating. On Friday, June 30 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Hold” rating given on Thursday, February 1 by Canaccord Genuity. The rating was downgraded by Jefferies on Monday, July 24 to “Hold”.

The stock increased 1.86% or $0.5 during the last trading session, reaching $27.45. About 321,412 shares traded. Triumph Group, Inc. (NYSE:TGI) has declined 35.48% since February 24, 2017 and is downtrending. It has underperformed by 52.18% the S&P500.

Analysts await Triumph Group, Inc. (NYSE:TGI) to report earnings on May, 23. They expect $1.01 EPS, down 67.31 % or $2.08 from last year’s $3.09 per share. TGI’s profit will be $50.15 million for 6.79 P/E if the $1.01 EPS becomes a reality. After $0.76 actual EPS reported by Triumph Group, Inc. for the previous quarter, Wall Street now forecasts 32.89 % EPS growth.

Triumph Group, Inc. designs, engineers, makes, repairs, overhauls, and distributes aero structures, aircraft components, accessories, subassemblies, and systems worldwide. The company has market cap of $1.36 billion. The firm operates through four divisions: Integrated Systems, Aerospace Structures, Precision Components, and Product Support. It currently has negative earnings. It offers aircraft and engine mounted accessory drives, thermal control systems and components, cargo hooks, high lift actuations, cockpit control levers, hydraulic systems and components, landing gear actuation systems, control system valve bodies, landing gear components and assemblies, electronic engine controls, main engine gear box assemblies, exhaust nozzles and ducting, fuel pumps, geared transmissions and drive train components, secondary flight control systems, fuel metering units, and vibration absorbers, as well as offers processing services.

More recent Triumph Group, Inc. (NYSE:TGI) news were published by: Nasdaq.com which released: “Triumph Group (TGI) Beats on Q3 Earnings, Misses Revenues” on February 02, 2018. Also Seekingalpha.com published the news titled: “Investors Haven’t Caught On Yet To Triumph Group’s Turnaround” on February 05, 2018. Businesswire.com‘s news article titled: “Triumph Group Reports Third Quarter Fiscal 2018 Results” with publication date: February 01, 2018 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: