Moog (MOG.A) Downgraded by Credit Suisse Group to “Underperform”

Credit Suisse Group cut shares of Moog (NYSE:MOG.A) from a neutral rating to an underperform rating in a report published on Friday morning.

Other analysts also recently issued reports about the stock. ValuEngine upgraded shares of Moog from a hold rating to a buy rating in a research report on Sunday, December 31st. Zacks Investment Research upgraded shares of Moog from a hold rating to a buy rating and set a $96.00 price objective on the stock in a research report on Wednesday, November 8th. SunTrust Banks reiterated a hold rating and issued a $87.00 price objective on shares of Moog in a research report on Friday, November 3rd. Finally, Cowen reiterated a hold rating on shares of Moog in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. Moog presently has an average rating of Hold and an average target price of $87.67.

Moog (NYSE MOG.A) traded down $1.52 during midday trading on Friday, hitting $88.78. 97,379 shares of the stock traded hands, compared to its average volume of 121,164. Moog has a 1-year low of $60.28 and a 1-year high of $91.29. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.58 and a quick ratio of 1.81. The firm has a market cap of $3,170.00, a price-to-earnings ratio of 22.76 and a beta of 1.82.

TRADEMARK VIOLATION WARNING: “Moog (MOG.A) Downgraded by Credit Suisse Group to “Underperform”” was originally posted by The Lincolnian Online and is owned by of The Lincolnian Online. If you are viewing this article on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright legislation. The original version of this article can be viewed at https://www.thelincolnianonline.com/2018/01/13/moog-mog-a-downgraded-by-credit-suisse-group-to-underperform.html.

Moog Company Profile

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.

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.

Leave a Reply