Textron Inc. (NYSE:TXT) traded today at a new 52-week high of $78.13. This new high was reached on below average trading volume as 463,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.
Based on a current price of $76.30, Textron Inc. is currently 59.7% above its average consensus analyst price target of $30.78.
In the past 52 weeks, Textron Inc. share prices are bracketed by a low of $38.23 and a high of $78.13 and is now at $76.30, 100% above that low price.
Textron is a conglomerate that designs, manufactures, and services specialty aircraft for various end markets, but it also has several unrelated businesses. The firm’s aviation segment manufactures and services Cessna and Beechcraft business aircraft. Bell is a helicopter manufacturer and servicer for both the commercial and military end market. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators for the commercial and military end markets. Textron Industrial contains a Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and produces specialized vehicles such as golf carts, snowmobiles, all-terrain vehicles, and others.
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