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Spirit Aerosystems Holdings, Inc. (SPR) [hlAlert]

Rating:
Buy SPR
up 327.69 %

Spirit Aerosystems Holdings, Inc. (SPR) rated Buy with price target $24 by Davenport

Posted on: Friday,  Oct 9, 2009  4:25 PM ET by Davenport

Davenport rated Buy Spirit Aerosystems Holdings, Inc. (NYSE: SPR) on 10/09/2009. Previously Davenport rated Buy Spirit Aerosystems Holdings, Inc. (NYSE: SPR) on
01/07/2009., when the stock price was $12.13. Since then, Spirit Aerosystems Holdings, Inc. has gained 327.70% as of 01/20/2016's recent price of $51.88.
If you would have followed the previous Davenport's recommendation on SPR, you would have gained 327.69% of your investment in 2569 days.

Spirit AeroSystems Holdings, Inc. (Holdings) is an independent non-aircraft original equipment manufacturer parts designer and manufacturer of commercial aerostructures. The Company is also an independent supplier to The Boeing Company (Boeing) and Airbus S.A.S. (Airbus). Holdings provides manufacturing and design expertise in a range of products and services for aircraft original equipment manufacturers and operators through its subsidiary, Spirit AeroSystems, Inc (Spirit). The segments of the Company include Fuselage Systems, Propulsion Systems and Wing Systems. In April 2008, Spirit entered into a joint venture with Hong Kong Aircraft Engineering Company Limited (HAECO), and its subsidiary, Taikoo Aircraft Engineering Company Limited (TAECO), Cathay Pacific Airways Limited, and Cal-Asia to develop and implement a composite and metal bond component repair station in the Asia-Pacific region. The service center is called Taikoo Spirit AeroSystems Composite Co. Ltd.

In response to the interests of our clients, we have developed a special strength in researching regional stocks, and we analyze one of the largest selections of these companies in our market. Our recommendations are based on painstaking assessments of a company and its industry, a thorough understanding of regional and national trends, visits to the business, and meetings with the management team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/9/2009 4:25 PM Buy
None
19.04 24.00
as of 12/31/2009
1 Week up  16.70 %
1 Month up  28.35 %
3 Months up  29.56 %
1 YTD up  22.89 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/4/2009 12:25 PM Buy
None
15.04 26.00
1/7/2009 9:25 AM Buy
None
12.13 20.00
12/18/2008 1:25 PM Hold
None
9.16

(*) Stock Price at the time of the recommendation.
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