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Morgan Stanley Expects TRW Automotive to Turn the Secular Corner

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In a report published Wednesday, Morgan Stanley analyst Ravi Shanker reiterated an Overweight rating and $87.00 price target on TRW Automotive (NYSE: TRW).

In the report, Morgan Stanley noted, “The secular power of the TRW story is likely to start shining in 2014 as the company shifts from investment mode to growth mode. Quality of earnings looks much stronger with a $1 bn backlog + core growth offsetting a decline in non-core business and margins look set to improve as well.”

TRW Automotive Holdings Corp. closed on Tuesday at $81.61.

Latest Ratings for TRW

DateFirmActionFromTo
Sep 2014Sterne AgeeDowngradesBuyHold
Sep 2014JP MorganMaintainsNeutral
Aug 2014Credit SuisseInitiates Coverage onNeutral

View More Analyst Ratings for TRW
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Ravi ShankerAnalyst Color Reiteration Analyst Ratings

 

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