Textron Inc. – Consensus indicates potential rise of 2.7%
Textron Inc. with ticker code (TXT) now have 11 analysts covering the stock. Analyst consensus points to a “Buy” rating. The range between the high target price and the low target price is between 79 and 49, with the average target price being 70.36. Given that the shares’ previous close was at 68.53, this would indicate that there is potential for a 2.7% upside. There is a 50 day moving average of 63.96 and the 200 day MA is 53.34. The company’s market capitalization is $ 15,454 million. Company website: http://www.textron.com
Textron Inc. operates in the aerospace, defense, industrial and financial sectors around the world. The Company’s Textron Aviation segment manufactures, sells and services business jets, turboprop and piston engine airplanes, as well as military training and defense aircraft; and commercial parts, as well as maintenance, inspection and repair services. Its Bell segment provides military and commercial helicopters, tiltrotor aircraft and related spare parts and services. The Company’s Textron Systems segment offers unmanned aircraft systems, unmanned surface systems, mission control hardware and solutions, as well as customer support and logistics services; simulation, training and other defense and aviation mission support products and services; airborne and ground sensors and surveillance systems, and protection systems; precision guided weapon systems; marine craft, armored vehicles and specialized vehicles used for fire and rescue applications; test equipment, electronic warfare testing and training and intelligence software solutions; and piston aircraft engines, as well as the design, development, manufacture, installation and maintenance of full flight simulators. Its industry segment offers blow molded plastic fuel systems, including conventional plastic fuel tanks and pressurized fuel tanks for hybrid vehicle applications, clear vision systems, and plastic tanks for systems. catalytic reduction, mainly to automotive suppliers; and golf cars, off-road utility vehicles, recreational side-by-side and all-terrain vehicles, snowmobiles, light transport vehicles, aviation ground support equipment, professional aircraft equipment turf maintenance and turf maintenance vehicles for golf courses and resorts, government agencies and municipalities, consumers, outdoor enthusiasts and commercial and industrial users. The Finance segment of the Company provides financing for the purchase of new and used airplanes and helicopters. Textron Inc. was founded in 1923 and is headquartered in Providence, Rhode Island.