Curtiss-Wright Corp. (CW) Given Consensus Recommendation of “Buy” by Analysts
Shares of Curtiss-Wright Corp. (NYSE:CW) have received a consensus recommendation of “Buy” from the ten research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $132.00.
CW has been the topic of a number of recent analyst reports. Stifel Nicolaus lifted their target price on Curtiss-Wright from $117.00 to $124.00 and gave the stock a “hold” rating in a research note on Friday, October 27th. Robert W. Baird initiated coverage on Curtiss-Wright in a research note on Tuesday, December 5th. They set an “outperform” rating and a $149.00 target price on the stock. SunTrust Banks reiterated a “buy” rating and set a $128.00 target price on shares of Curtiss-Wright in a research note on Friday, October 20th. Seaport Global Securities reiterated a “buy” rating on shares of Curtiss-Wright in a research note on Friday, October 27th. Finally, Wells Fargo & Co lifted their target price on Curtiss-Wright from $100.00 to $120.00 and gave the stock a “market perform” rating in a research note on Friday, October 27th.
Curtiss-Wright (NYSE CW) traded up $1.07 during midday trading on Friday, hitting $133.50. The stock had a trading volume of 170,687 shares, compared to its average volume of 206,563. The company has a market cap of $5,890.00, a PE ratio of 27.47, a price-to-earnings-growth ratio of 2.01 and a beta of 1.26. Curtiss-Wright has a 12 month low of $82.77 and a 12 month high of $134.44. The company has a quick ratio of 1.48, a current ratio of 2.08 and a debt-to-equity ratio of 0.55.
In related news, Director S Marce Fuller sold 1,300 shares of the business’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $117.95, for a total value of $153,335.00. Following the sale, the director now directly owns 13,660 shares in the company, valued at approximately $1,611,197. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Albert E. Smith sold 1,700 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $122.35, for a total value of $207,995.00. The disclosure for this sale can be found here. Insiders sold a total of 47,639 shares of company stock worth $5,664,720 over the last 90 days. 1.10% of the stock is currently owned by company insiders.
Hedge funds have recently bought and sold shares of the business. Jane Street Group LLC purchased a new position in Curtiss-Wright during the 3rd quarter valued at about $591,000. Wells Fargo & Company MN grew its holdings in Curtiss-Wright by 22.8% during the 3rd quarter. Wells Fargo & Company MN now owns 290,269 shares of the aerospace company’s stock valued at $30,345,000 after buying an additional 53,908 shares in the last quarter. Rhumbline Advisers grew its holdings in Curtiss-Wright by 14.7% during the 3rd quarter. Rhumbline Advisers now owns 102,415 shares of the aerospace company’s stock valued at $10,706,000 after buying an additional 13,127 shares in the last quarter. Prudential Financial Inc. grew its holdings in Curtiss-Wright by 51.0% during the 3rd quarter. Prudential Financial Inc. now owns 494,748 shares of the aerospace company’s stock valued at $51,721,000 after buying an additional 167,135 shares in the last quarter. Finally, State of Tennessee Treasury Department purchased a new position in Curtiss-Wright during the 3rd quarter valued at about $2,614,000. 76.22% of the stock is owned by institutional investors and hedge funds.
ILLEGAL ACTIVITY NOTICE: “Curtiss-Wright Corp. (CW) Given Consensus Recommendation of “Buy” by Analysts” was published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & international trademark & copyright laws. The original version of this news story can be viewed at https://theolympiareport.com/2018/01/27/curtiss-wright-corp-cw-given-consensus-recommendation-of-buy-by-analysts.html.
Curtiss-Wright Corporation is a manufacturing and service company that designs, manufactures, and overhauls precision components and provides engineered products and services to the aerospace, defense, power generation and general industrial markets. The Company operates through three segments: Commercial/Industrial, Defense and Power.
Receive News & Ratings for Curtiss-Wright Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curtiss-Wright and related companies with MarketBeat.com's FREE daily email newsletter.