Transdigm Group Price Target Cut to $1,415.00 by JPMorgan Chase & Co.
Transdigm Group (NYSE:TDG) received a price target revision from JPMorgan Chase & Co. on Thursday, lowering its estimate to $1,415.00 per share. This represents a potential upside of 30.13% from the company's previous close.
The firm currently has a 'neutral' rating on Transdigm Group's stock, indicating that analysts are neither bullish nor bearish about the aerospace company's prospects.
Other research analysts have issued reports on Transdigm Group in recent weeks, with some revising their price targets upward and others downgrading the stock. UBS Group increased its target price to $1,695.00 from $1,585.00 and gave the stock a 'buy' rating.
According to data from MarketBeat.com, five research analysts have rated Transdigm Group with a 'buy' rating and thirteen have given a 'hold' rating to the stock, resulting in an average price target of $1,452.53 and a consensus rating of 'hold'.