Stifel Nicolaus covered Lockheed Martin Corporation (NYSE:LMT), upping its target price to $290.00 today
- Updated: November 30, 2016
Boasting a price of $265.25, Lockheed Martin Corporation (NYSE:LMT) traded -0.50% lower on the day. With the last close up 7.51% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. LMT has recorded a 50-day moving average of $248.33 and a 200-day moving average of $246.71. 1,467,894 shares of the stock traded hands, down from an avg. volume of 1,486,220
Lockheed Martin Corporation (NYSE:LMT) had its stock price target increased to $290.00 by Stifel Nicolaus in a report issued 11/30/2016. The increased target suggests a potential upside of 0.09% from the company's last stock close price.
On Wednesday November 16, 2016, Zacks Investment Research reported on Lockheed Martin Corporation (NYSE:LMT) increased the target price from $0.00 to $298.00 that suggested an upside of 0.12%.
Recent Performance Chart
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.
Also covering Lockheed Martin Corporation's price target, a total of 16 equity analysts have released a ratings update on LMT. The one year target is $242.44 with six analysts rating the company a strong buy, four firms rating the stock a buy, 8 firms rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information 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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