Zacks Investment Research upgraded shares of Moog (NYSE:MOG.A) from a hold rating to a buy rating in a research report report published on Saturday morning. The firm currently has $98.00 price objective on the aerospace company’s stock.

According to Zacks, “Moog, Inc. is a designer, manufacturer and integrator of precision motion, fluid controls and systems for applications in aerospace, defense and industrial markets. It operates through five segments: Aircraft Controls, Space and Defense Controls, Industrial Systems, Components and Medical Devices. The Aircraft Controls segment designs, manufactures and integrates primary and secondary flight controls for military and commercial aircraft and provides aftermarket support. The Space and Defense Controls segment provides controls for satellites and space vehicles, armored combat vehicles, tactical and strategic missiles, security and surveillance. The Industrial Systems segment designs and manufactures electric pitch controls and blade monitoring systems for wind turbines and also supplies electromechanical motion simulation bases. Its Components segment offers slip rings, fiber optic rotary joints and handpieces product line. Its Medical Devices segment focuses on infusion therapy & enteral clinical nutrition. “

MOG.A has been the subject of a number of other reports. Cowen restated a hold rating on shares of Moog in a research note on Friday, November 3rd. ValuEngine upgraded Moog from a hold rating to a buy rating in a research note on Sunday, December 31st. Finally, SunTrust Banks restated a hold rating and set a $87.00 price objective on shares of Moog in a research note on Friday, November 3rd.

Shares of Moog (NYSE:MOG.A) traded up $0.09 during mid-day trading on Friday, hitting $87.76. The company’s stock had a trading volume of 68,807 shares, compared to its average volume of 113,479. The company has a quick ratio of 1.81, a current ratio of 2.58 and a debt-to-equity ratio of 0.79. The stock has a market cap of $3,138.30, a PE ratio of 22.50 and a beta of 1.82. Moog has a twelve month low of $60.28 and a twelve month high of $89.97.

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About Moog

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.

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