Curtiss-Wright (NYSE:CW) Price Target & New Coverage by Stifel

The research firm Stifel has has begun coverage on Curtiss-Wright (NYSE:CW)’s Stock, rating it Hold while giving it the PT at $100.0.

The initiation is welcomed by equity trades, as NYSE:CW is currently trading 1.23% higher at $102.22 as of 12:02 AM New York time. Curtiss-Wright’s stock is 0% over the past 200 days. It has underperformed the S&P 500, which has surged 6.00% over the same time.

Institutional Ownership

Hillcrest Asset Management Llc had the largest stake with ownership of 141,653 shares as of Q2 2015 for 2.92% of the long stock exposure. Botty Investors Llc is another notably bullish investment professional who is owning 50,950 shares of Curtiss-Wright or 2.65% of their long stock exposure. Moreover, Mesirow Financial Investment Management have 1.56% of their long stock exposure invested in the company for 291,640 shares. The Massachusetts-based fund Monarch Partners Asset Management Llc disclosed it had acquired a stake worth about 1.34% of the investment professional’s stock portfolio in Curtiss-Wright. The Georgia-based fund Zwj Investment Counsel Inc is also positive about the stock, possessing 156,055 shares or 1.22% of their long stock exposure.

Curtiss-Wright (NYSE:CW) Profile

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. The Commercial/Industrial segment’s products include electronic throttle control devices and transmission shifters, electro-mechanical actuation control components, valves, and surface technology services.

Curtiss-Wright (NYSE:CW) traded up 1.23% on 19 September, hitting $102.22. A total of shares of the company’s stock traded hands. This is down from average of 180,586 shares. Curtiss-Wright has a 52 week low of $82.77 and a 52 week high of $107.61. The company has a market cap of $4.51 billion and a P/E ratio of 22.95.

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The post Stifel has $100.0 Target Price per Share on Curtiss-Wright (NYSE:CW) after Initiated Coverage appeared first on Octafinance.