Jefferies Reaffirms Their Buy Rating on Transdigm Group (TDG)

Jefferies analyst Sheila Kahyaoglu maintained a Buy rating on Transdigm Group today and set a price target of $1,575.00.

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Kahyaoglu covers the Industrials sector, focusing on stocks such as Boeing, United Airlines Holdings, and Air Canada. According to TipRanks, Kahyaoglu has an average return of 13.9% and a 61.95% success rate on recommended stocks.

In addition to Jefferies, Transdigm Group also received a Buy from TD Cowen’s Gautam Khanna in a report issued on May 6. However, on the same day, Susquehanna maintained a Hold rating on Transdigm Group (NYSE: TDG).

Based on Transdigm Group’s latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $2.54 billion and a net profit of $535 million. In comparison, last year the company earned a revenue of $2.15 billion and had a net profit of $479 million

Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TDG in relation to earlier this year. Last month, Nicholas Howley, the ECOB of TDG sold 10,132.00 shares for a total of $12,817,517.40.