InvestorsObserver is giving TransDigm Group Incorporated (TDG) an Analyst Rating Rank of 24, meaning TDG is ranked higher by analysts than 24% of stocks. The average projection by analysts for TDG is $471.666 over the next 12 months and analyst’s classify the stock as a Buy
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With TransDigm Group Incorporated Stock Today?
TransDigm Group Incorporated (TDG) stock is trading at $268.04 as of 3:01 PM on Friday, Apr 3, a drop of -$16.43, or -5.78% from the previous closing price of $284.47. The stock has traded between $261.01 and $282.67 so far today. Volume today is below average. So far 668,157 shares have traded compared to average volume of 1,153,577 shares.
