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Jefferies Stick to Their Buy Rating for Spirit AeroSystems

Published 12/08/2021, 08:46 AM
Updated 12/08/2021, 08:46 AM


Jefferies (NYSE:JEF) analyst Sheila Kahyaoglu maintained a Buy rating on Spirit AeroSystems (NYSE:SPR) on Wednesday, setting a price target of $55, which is approximately 35.57% above the present share price of $40.57.

Kahyaoglu expects Spirit AeroSystems to post earnings per share (EPS) of -$1.30 for the fourth quarter of 2021.

The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Spirit AeroSystems, with an average price target of $56.5.
The analysts price targets range from a high of $66 to a low of $46.

In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $1 billion and a net profit of -$92.5 million. The company's market cap is $4.26 billion.

According to TipRanks.com, Jefferies analyst Sheila Kahyaoglu is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.1% and a 54.75% success rate.

Spirit AeroSystems Holdings, Inc. engages in the design and manufacture of aero structures for commercial and defense aircraft. It operates its business through the following segments: Fuselage Systems, Propulsion Systems, and Wing Systems. The Fuselage Systems segment develops, produces and markets forward, mid, and rear fuselage sections and systems. The Propulsion Systems segment offers struts or pylons, nacelles, and related engine components. The Wing Systems segment includes the development, production, and market of wings, wing components, and other miscellaneous structural parts to primarily aircraft original equipment manufacturer, related spares, and maintenance, repair, and overhaul services. The company was founded on February 7, 2005 and is headquartered in Wichita, KS.

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