Textron traded at $86.40 this Tuesday June 23rd, decreasing $0.54 or 0.62 percent since the previous trading session. Looking back, over the last four weeks, Textron lost 6.78 percent. Over the last 12 months, its price rose by 9.70 percent. Looking ahead, we forecast Textron to be priced at 87.63 by the end of this quarter and at 82.32 in one year, according to Trading Economics global macro models projections and analysts expectations.
Textron Inc. is a multi-industry company primarily engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services across the world. The Company operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial and Finance. The Textron Aviation segment manufactures, sells and services Beechcraft and Cessna aircraft, and services the Hawker brand of business jets. The Bell segment supplies military and commercial helicopters, tiltrotor aircraft, and related spare parts and services around the world. The Textron Systems segment is a supplier to the defense, aerospace and general aviation markets. The Industrial segment designs and manufactures a range of products within the Fuel Systems and Functional Components and Specialized Vehicles product lines. The Finance segment is a commercial finance business that consists of Textron Financial Corporation (TFC) and its subsidiaries.