Robert W. Baird recorded Lockheed Martin (NYSE:LMT), bumping its target to $284.00 today
- Updated: October 5, 2016
In a report released on 10/6/2016 Robert W. Baird increased the stock price target of Lockheed Martin (NYSE:LMT) to $284.00 reporting a possible upside of 0.20%.
Having a price of $236.60, Lockheed Martin (NYSE:LMT) traded -0.21% lower on the day. With the last stock price down -2.08% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $243.69 and a 200-day moving average of $241.62. 1,172,065 shares of the stock were exchanged, down from an average trading volume of 3,570,200
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Lockheed Martin has a 52 week low of $200.47 and a 52 week high of $266.93 with a P/E ratio of 19.70 The company’s market cap is currently $0.
In addition to Robert W. Baird reporting its target price, a total of 16 brokers have issued a report on the stock. The consensus target price is $242.44 with 6 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 8 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Lockheed Martin (NYSE:LMT)
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, integration and sustainment of advanced technology systems, products and services. It operates in five segments: Aeronautics; Information Systems & Global Solutions (IS&GS); Missiles and Fire Control (MFC); Mission Systems and Training (MST), and Space Systems. Its Aeronautics segment is engaged in the development, manufacture, support and upgrade of advanced military aircraft. The IS&GS provides network-enabled situational awareness and integrates global systems to help its customers gather, analyze and securely distribute critical data. Its MFC segment provides air and missile defense systems, and logistics services. Its MST segment provides manufacture, service and support for various military and civil helicopters. Its Space Systems segment is engaged in the design, engineering and production of satellites.
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