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Robert W. Baird announced Raytheon (NYSE:RTN), boosting its stock price target to $170.00 today

In a report issued 10/6/2016 Robert W. Baird raised the target price of Raytheon (NYSE:RTN) to $170.00 indicating a possible upside of 0.24%.

Previously on 07/29/2016, Stifel Nicolaus reported about Raytheon (NYSE:RTN) raised the target price from $140.00 to $160.00. At the time, this indicated a possible upside of 0.15%.

Yesterday Raytheon (NYSE:RTN) traded -0.03% lower at $137.13. The company’s 50-day moving average is $139.21 and its 200-day moving average is $134.06. The last stock close price is up 2.29% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 1,736,456 shares of the stock traded hands, up from an average trading volume of 1,551,060

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Raytheon (NYSE:RTN)

Raytheon has a 52 week low of $108.83 and a 52 week high of $143.39 with a P/E ratio of 19.16 The company’s market cap is currently $0.

In addition to Robert W. Baird reporting its stock price target, a total of 17 brokers have issued a report on RTN. The one year target is $141.47 with ten equity analysts rating the company a strong buy, six equity analysts rating the company a buy, four equity analysts rating the company a hold, zero brokerages rating the company a underperform, and lastly zero brokerages rating the company a sell.

General Company Details For Raytheon (NYSE:RTN)

Raytheon Company (Raytheon), together with its subsidiaries, is a technology company. The Company develops technologically integrated products, services and solutions in various markets, such as sensing; effects; command, control, communications, computers, cyber and intelligence (C5I); mission support, and cybersecurity. It operates in five segments: Integrated Defense Systems (IDS); Intelligence, Information and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS), and Forcepoint. Its IDS's product lines include Mission Systems and Sensors (MSS), and Integrated Air and Missile Defense (IAMD). Its IIS's product lines include Cybersecurity and Special Missions (CSM), and Global Training Solutions (GTS). Its MS's product lines include Air Warfare Systems (AWS), and Air and Missile Defense Systems (AMDS). Its SAS's product lines include Intelligence, Surveillance and Reconnaissance Systems (ISRS), and Secure Sensor Solutions (SSS).

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