Moog (NYSE:MOG.A) was upgraded by investment analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Friday.
A number of other equities research analysts have also weighed in on MOG.A. Cowen restated a “buy” rating and issued a $110.00 price objective on shares of Moog in a report on Monday, July 30th. Zacks Investment Research lowered shares of Moog from a “hold” rating to a “sell” rating in a report on Thursday, August 2nd. Finally, TheStreet upgraded shares of Moog from a “c+” rating to a “b-” rating in a report on Wednesday, August 22nd. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Moog currently has an average rating of “Buy” and an average target price of $94.00.
Shares of MOG.A traded up $5.95 during midday trading on Friday, reaching $80.79. The stock had a trading volume of 145,902 shares, compared to its average volume of 117,598. Moog has a 1-year low of $68.37 and a 1-year high of $93.93. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of 20.72 and a beta of 1.63. The company has a current ratio of 2.26, a quick ratio of 1.47 and a debt-to-equity ratio of 0.68.
Moog Inc is a designer, manufacturer and integrator of precision motion and fluid controls and systems for a range of applications in aerospace and defense and industrial markets. The Company has five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices.
Read More: What is the balance sheet?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Moog Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moog and related companies with MarketBeat.com's FREE daily email newsletter.