Stock Analysts Fond Of Recent Triumph Deal

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The recent buyout of three GE Aviation business units by Triumph Group Inc. has sent stock market analysts’ ratings of the Berwyn aerospace supplier soaring to new heights.

In an update this week, TheStreet recently rated Triumph stock as a buy, scoring it at a B.

“This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses and should give investors a better performance opportunity than most stocks we cover,” TheStreet Ratings team stated in the report. “The company’s strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub-par growth in net income.”

Triumph stock (TGI) rose 1.24 percent upon completion of the $70 million deal.

Read more about the stock market action on TheStreet here as well as previous Chesco Business Today coverage of Triumph’s deal here.

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Top photo credit: Don McCullough via photopin cc

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