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S&P Equity Research upgraded Lockheed Martin Corporation (NYSE:LMT) to Buy in a report released today.

Yesterday Lockheed Martin Corporation (NYSE:LMT) traded -0.50% lower at $265.25. The company’s 50-day moving average is $248.33 and its 200-day moving average is $246.71. The last stock close price is up 7.51% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 1,467,894 shares of the stock were exchanged, down from an average trading volume of 1,486,220

S&P Equity Research has upgraded Lockheed Martin Corporation (NYSE:LMT) to Buy in a report released on 12/01/2016.

Previously on 11/30/2016, Stifel Nicolaus reported about Lockheed Martin Corporation (NYSE:LMT) raised the target price from $260.00 to $290.00. At the time, this indicated a possible upside of 0.09%.

See Chart Below

Lockheed Martin Corporation (NYSE:LMT)

Lockheed Martin Corporation has a 52 week low of $200.47 and a 52 week high of $269.74 with a P/E ratio of 15.51 The company’s market cap is currently $0.

In addition to S&P Equity Research reporting its target price, a total of 16 firms have reported on the stock. The consensus target price is $242.44 with 6 firms rating the stock a strong buy, 4 firms rating the stock a buy, 8 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Lockheed Martin Corporation (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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