Royal Bank Of Canada Reiterates Sector Perform Rating on Transdigm Group
Transdigm Group's stock has received a 'sector perform' rating from Royal Bank Of Canada, which also set a price target of $1,350.00. This suggests a potential upside of 24.45% from the current price.
The aerospace company reported quarterly earnings that beat analyst estimates, with revenue up 22.5% compared to the same period last year. Transdigm Group's FY 2026 guidance is set at 40.620-41.460 EPS, and analysts predict 38.81 EPS for the current fiscal year.
Several other research firms have issued reports on TDG, with BMO Capital Markets increasing its price objective to $1,525.00 and giving an 'outperform' rating. However, some analysts have downgraded their ratings, including Wall Street Zen, which lowered TDG from a 'buy' to a 'hold'. The consensus rating among analysts is still 'hold', with a average price target of $1,454.87.