Susquehanna Remains a Hold on Transdigm Group (TDG)

In a report released today, Charles Minervino from Susquehanna maintained a Hold rating on Transdigm Group, with a price target of $1,450.00. The company’s shares closed yesterday at $1,285.85.

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Minervino covers the Energy sector, focusing on stocks such as Baker Hughes Company, MRC Global, and TechnipFMC. According to TipRanks, Minervino has an average return of 5.5% and a 54.91% success rate on recommended stocks.

Currently, the analyst consensus on Transdigm Group is a Moderate Buy with an average price target of $1,585.94, representing a 23.34% upside. In a report released yesterday, Deutsche Bank also maintained a Hold rating on the stock with a $1,370.00 price target.

The company has a one-year high of $1,623.83 and a one-year low of $1,183.60. Currently, Transdigm Group has an average volume of 337.1K.

Based on the recent corporate insider activity of 102 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, Joel Reiss, the Co-COO of TDG sold 3,000.00 shares for a total of $3,828,194.38.