Oppenheimer analyst Ian Zaffino maintained a Buy rating on Allison Transmission Holdings (NYSE:ALSN) Inc on Tuesday, setting a price target of $53, which is approximately 41.86% above the present share price of $37.36.
Zaffino expects Allison Transmission Holdings Inc to post earnings per share (EPS) of $1.20 for the third quarter of 2020.
The current consensus among 3 TipRanks analysts is for a Moderate Buy rating of shares in Allison Transmission Holdings, with an average price target of $41.33.
The analysts price targets range from a high of $47 to a low of $37.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $637 million and a net profit of $215 million. The company's market cap is $4.31 billion.
According to TipRanks.com, Oppenheimer analyst Ian Zaffino is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 0.0% and a 49.15% success rate.
Allison Transmission Holdings, Inc. engages in the manufacture and distribution of vehicle propulsion solutions, which includes commercial-duty on-highway, off-highway and defense fully-automatic transmissions and electric-hybrid and fully-electric systems. The company solutions are used in applications, including on-highway trucks, buses, motorhomes, off-highway vehicles and equipment, and defense vehicles. It also sell branded replacement parts, support equipment, aluminum die cast components and other products necessary to service the installed base of vehicles utilizing its solutions. The company was founded in 1915 and is headquartered in Indianapolis, IN.