Triumph Group Inc. (NYSE:TGI) shares were up 2.7% on Friday . The stock traded as high as $38.02 and last traded at $37.91, with a volume of 249,707 shares traded. The stock had previously closed at $36.91.

Several research analysts recently weighed in on TGI shares. Deutsche Bank AG restated a “buy” rating and set a $45.00 target price (up from $40.00) on shares of Triumph Group in a research note on Monday, June 13th. Jefferies Group restated a “buy” rating and set a $54.00 target price on shares of Triumph Group in a research note on Wednesday, June 1st. Wells Fargo & Co. restated a “buy” rating on shares of Triumph Group in a research note on Thursday, April 7th. Canaccord Genuity restated a “hold” rating on shares of Triumph Group in a research note on Tuesday, April 12th. Finally, Goldman Sachs Group Inc. boosted their target price on Triumph Group from $34.00 to $36.00 and gave the stock a “neutral” rating in a research note on Monday, May 9th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $47.25.

The firm has a 50-day moving average price of $37.04 and a 200-day moving average price of $33.65. The firm’s market capitalization is $1.88 billion.

Triumph Group (NYSE:TGI) last posted its quarterly earnings results on Wednesday, May 4th. The company reported $1.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.48 by $0.16. The business earned $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. Triumph Group’s quarterly revenue was down 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.71 EPS. Equities analysts forecast that Triumph Group Inc. will post $5.92 earnings per share for the current fiscal year.

Other hedge funds have bought and sold shares of the company. S&T Bank PA boosted its stake in Triumph Group by 1.4% in the fourth quarter. S&T Bank PA now owns 214,029 shares of the company’s stock worth $8,507,000 after buying an additional 2,942 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in Triumph Group by 9.1% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 600,000 shares of the company’s stock worth $23,850,000 after buying an additional 50,000 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Triumph Group by 2.6% in the fourth quarter. Principal Financial Group Inc. now owns 157,864 shares of the company’s stock worth $6,275,000 after buying an additional 4,031 shares in the last quarter. Bank of Montreal Can boosted its stake in Triumph Group by 47.2% in the fourth quarter. Bank of Montreal Can now owns 44,709 shares of the company’s stock worth $1,777,000 after buying an additional 14,342 shares in the last quarter. Finally, Mcclain Value Management LLC acquired a new stake in Triumph Group during the fourth quarter worth $10,282,000.

Triumph Group, Inc (Triumph) designs, engineers, manufactures, repairs, overhauls and distributes a portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. It serves the aviation industry, including original equipment manufacturers (OEMs), of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.

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