Wells Fargo & Co. announced Lockheed Martin Corporation (NYSE:LMT), bumping up its stock price target to $237.45 today
- Updated: September 19, 2016
Wells Fargo & Co. bumped the price target of Lockheed Martin Corporation (NYSE:LMT) to $237, indicating a possible upside of 0.00%.
Just yesterday Lockheed Martin Corporation (NYSE:LMT) traded 0.00% even at $237.45. LMT’s 50-day average is $251.40 and its 200-day moving average is $239.00. With the last stock close down 0.65% from the 200-day average, compared to the S&P 500 Index which has decreased -0.01% over the same time. Volume of trade was was down over the average, with 7,510 shares of LMT changing hands under the typical 3,619,910 shares..
Recent Performance Graphic:
Lockheed Martin Corporation has a one-year low of $199.01 and a 52 week high of $266.93 with a price-earnings ratio of 20. The company’s total market value is presently $0.0.
In addition to Wells Fargo & Co. reporting it’s stock price target, a total of 16 analysts have issued a ratings update on Lockheed Martin Corporation. The 12-month target stock price is $242.44 with six analysts rating the stock a strong buy, four analysts rating the company a buy, eight analyts rating the stock a hold, one brokerage rating the stock to underperform, and finally 0 brokeragesrating the stock as sell.
More 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, and engineering and production of satellites.
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