Canaccord Genuity analyst Kenneth Herbert maintained a Buy rating on Transdigm Group (NYSE:TDG) Inc. on Tuesday, setting a price target of $670, which is approximately 11.66% above the present share price of $600.06.
Herbert expects Transdigm Group Inc . to post earnings per share (EPS) of -$0.42 for the second quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in Transdigm Group, with an average price target of $684.4.
The analysts price targets range from a high of $762 to a low of $630.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.11 billion and a net profit of $329 million. The company's market cap is $32.82 billion.
According to TipRanks.com, Canaccord Genuity analyst Kenneth Herbert is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 26.3% and a 69.91% success rate.
TransDigm Group Incorporated is an aerospace manufacturing company. The company designs, produce, and supply of highly engineered aerospace components, systems and subsystems that are used in commercial and military aircraft.