Cowen & Co. analyst Gautam Khanna maintained a Buy rating on Transdigm Group (NYSE:TDG) Inc. on Tuesday, setting a price target of $630, which is approximately 5.91% above the present share price of $594.84.
Khanna expects Transdigm Group Inc . to post earnings per share (EPS) of $1.43 for the fourth quarter of 2020.
The current consensus among 12 TipRanks analysts is for a Strong Buy rating of shares in Transdigm Group, with an average price target of $636.25.
The analysts price targets range from a high of $772 to a low of $465.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $1.17 billion and a net profit of $319 million. The company's market cap is $32.87 billion.
According to TipRanks.com, Cowen & Co. analyst Gautam Khanna is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.5% and a 66.78% success rate.
TransDigm Group, Inc. engages in producing, designing, and supplying of engineered aerospace components, systems and subsystems. It operates through the following segments: Power and Control, Airframe, and Non-Aviation. The Power and Control segment includes operations that primarily develop, produce and market systems and components that predominately provide power to or control power of the aircraft utilizing electronic, fluid, power, and mechanical motion control technologies. The Airframe segment covers operations that primarily develop, produce and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. The Non-Aviation segment focuses on operations that primarily develop, produce, and market products for non-aviation markets. The company was founded by W. Nicholas Howley and Douglas W. Peacock on July 8, 2003 and is headquartered in Cleveland, OH.