Deutsche Bank Aktiengesellschaft Begins Coverage on Curtiss-Wright (NYSE:CW)

Research analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Curtiss-Wright (NYSE:CW) in a research report issued on Thursday, MarketBeat reports. The brokerage set a “buy” rating and a $452.00 price target on the aerospace company’s stock. Deutsche Bank Aktiengesellschaft’s price objective would suggest a potential upside of 19.14% from the company’s previous close.

A number of other research firms also recently commented on CW. Stifel Nicolaus downgraded Curtiss-Wright from a “buy” rating to a “hold” rating and set a $370.00 price objective for the company. in a report on Monday, November 18th. Morgan Stanley increased their price target on Curtiss-Wright from $334.00 to $395.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Robert W. Baird increased their price target on Curtiss-Wright from $300.00 to $312.00 and gave the company an “outperform” rating in a report on Friday, August 9th. Truist Financial increased their price target on Curtiss-Wright from $304.00 to $333.00 and gave the company a “hold” rating in a report on Friday, November 1st. Finally, Alembic Global Advisors began coverage on Curtiss-Wright in a report on Tuesday, October 29th. They issued an “overweight” rating and a $412.00 price target for the company. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Curtiss-Wright presently has a consensus rating of “Moderate Buy” and a consensus price target of $379.00.

Curtiss-Wright Trading Up 2.3 %

Shares of Curtiss-Wright stock opened at $379.40 on Thursday. The firm has a market cap of $14.40 billion, a PE ratio of 35.89 and a beta of 1.18. The company has a quick ratio of 1.39, a current ratio of 1.98 and a debt-to-equity ratio of 0.39. The business’s fifty day moving average is $355.98 and its two-hundred day moving average is $311.98. Curtiss-Wright has a fifty-two week low of $212.05 and a fifty-two week high of $393.40.

Insider Transactions at Curtiss-Wright

In other news, VP John C. Watts sold 412 shares of the stock in a transaction dated Tuesday, November 5th. The shares were sold at an average price of $359.55, for a total transaction of $148,134.60. Following the transaction, the vice president now owns 4,183 shares of the company’s stock, valued at approximately $1,503,997.65. This trade represents a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.67% of the company’s stock.

Hedge Funds Weigh In On Curtiss-Wright

Several large investors have recently modified their holdings of CW. GPS Wealth Strategies Group LLC bought a new position in Curtiss-Wright in the second quarter worth about $30,000. EverSource Wealth Advisors LLC lifted its holdings in Curtiss-Wright by 1,933.3% in the first quarter. EverSource Wealth Advisors LLC now owns 122 shares of the aerospace company’s stock worth $31,000 after acquiring an additional 116 shares during the last quarter. Tsfg LLC lifted its holdings in Curtiss-Wright by 191.4% in the third quarter. Tsfg LLC now owns 102 shares of the aerospace company’s stock worth $34,000 after acquiring an additional 67 shares during the last quarter. UMB Bank n.a. lifted its holdings in Curtiss-Wright by 303.8% in the third quarter. UMB Bank n.a. now owns 105 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 79 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB bought a new position in Curtiss-Wright in the third quarter worth about $53,000. Institutional investors own 82.71% of the company’s stock.

About Curtiss-Wright

Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services mainly to aerospace and defense, commercial power, process, and industrial markets worldwide. It operates through three segments: Aerospace & Industrial, Defense Electronics, and Naval & Power.