- John Plueger to step down from Spirit AeroSystems' board amidst Boeing's significant acquisition move.
- Analysts' average price target suggests a modest upside for Spirit AeroSystems (SPR, Financial).
- GuruFocus estimates indicate a potentially significant future value for SPR stocks.
John Plueger, the CEO of Air Lease (AL), is set to depart from his role on Spirit AeroSystems' (SPR) board of directors when the annual stockholder meeting convenes on May 23. This change comes as Plueger juggles growing duties at Air Lease. Concurrently, Boeing's acquisition of Spirit AeroSystems is advancing with a valuation of around $4.7 billion, marking a significant move in the aerospace industry.
Wall Street Analysts' Forecast
The financial outlook for Spirit AeroSystems Holdings Inc. (SPR, Financial) suggests a slight upward trend. According to projections from 11 analysts, the average price target for SPR stands at $36.00, with estimates ranging from a high of $37.25 to a low of $30.00. This average price target reflects a potential 4.02% increase from the current trading price of $34.61. For deeper insights into these projections, visit the Spirit AeroSystems Holdings Inc (SPR) Forecast page.
Consensus from 14 brokerage firms rates Spirit AeroSystems Holdings Inc. (SPR, Financial) with an average recommendation of 2.9, indicating a "Hold" status on a scale where 1 is a Strong Buy and 5 is a Sell. This consensus highlights a cautious but steady sentiment among analysts.
GuruFocus GF Value Analysis
Taking a closer look at GuruFocus estimates for Spirit AeroSystems Holdings Inc. (SPR, Financial), the projected GF Value in one year is anticipated to be $41.48. This suggests a potential upside of 19.85% from the current price of $34.61. The GF Value is a calculated estimate of the stock's fair trading value based on historical trading multiples, past business growth, and future performance estimations. For further details, consult the Spirit AeroSystems Holdings Inc (SPR) Summary page.
