Zacks Investment Research issued a report on Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD), bumping up its stock price target to $20.00 today
- Updated: September 27, 2016
Having a price of $17.77, Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) traded -0.45% lower on the day. With the last close up 1.00% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Aerojet Rocketdyne Holdings, Inc. has recorded a 50-day average of $17.84 and a two hundred day average of $17.59. Volume of trade was down over the average, with 192,129 shares of AJRD changing hands under the typical 307,881
Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) had its stock price target increased to $20.00 by Zacks Investment Research in a report released 09/27/2016. The new stock price target indicates a possible upside of 0.13% from the company's most recent close.
With a total market value of $0, Aerojet Rocketdyne Holdings, Inc. has with a one year low of $13.98 and a one year high of $19.50 .
More About Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD)
Aerojet Rocketdyne Holdings, Inc. designs, develops, manufactures, and sells aerospace and defense products and systems in the United States. The company operates in two segments, Aerospace and Defense, and Real Estate. The Aerospace and Defense segment offers aerospace and defense products and systems for the U.S. government, including the Department of Defense, the National Aeronautics and Space Administration, and aerospace and defense prime contractors, as well as for the commercial sector. This segment also offers propulsion systems, such as liquid, solid, air-breathing, and electric types of launch propulsion, in-space propulsion, missile defense propulsion, tactical missile propulsion, and hypersonic propulsion systems for defense and space applications; and armament systems for precision tactical systems and munitions serving military, civil, and commercial customers. The Real Estate segment engages in the re-zoning, entitlement, sale, and leasing of the companyÂ’s excess real estate assets. This segment owns approximately 11,500 acres of land adjacent to U.S. Highway 50 between Rancho Cordova and Folsom, California east of Sacramento. The company was formerly known as GenCorp Inc. and changed its name to Aerojet Rocketdyne Holdings, Inc. in April 2015. Aerojet Rocketdyne Holdings, Inc. was founded in 1915 and is headquartered in Rancho Cordova, California.
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