Northrop Grumman presently has an average rating of “Hold” and a consensus price target of $175.62. Flach is now corporate vice president and president of Northrop Grumman’s Electronic Systems sector. The shares have received an average rating of 2.25 from 12 brokerage firms.
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Out of 14 analysts covering Northrop Grumman Corporation, 7 rate it a Buy, 10 indicate a Hold while 1 suggest a Sell. Finally, Deutsche Bank reaffirmed a “buy” rating and issued a $190.00 price target on shares of Northrop Grumman in a research note on Thursday, September 10th. Northrop Grumman Corporation shares have gained 17.24% in the last 200 days, while the S&P 500 has declined -3.09% in the same time. The shares opened for trading at $174.52 and hit $174.7368 on the upside, eventually ending the session at $174.06, with a gain of 0.15% or 0.26 points. The daily volume was measured at 1,115,521 shares. Additionally the Company shared its long-term financial model of high single-digit to low double-digit revenue growth, mid-teens earnings per share growth and expanding returns on invested capital. In this transaction, 2,000 shares were sold at $168.56 per share.
On a technical level the stock has a 50 Day Moving Average of 167.99. As per the latest information, Barclays Raises the price target to $174.00 per share from a prior target of $170.00.
Northrop Grumman Corporation (NYSE:NOC): On Monday heightened volatility was witnessed in Northrop Grumman Corporation (NYSE:NOC) which led to swings in the share price. They set an “underweight” rating and a $180.00 price target on the stock. ASML Holding N.V. (ASML) publishes its 2015 third-quarter results.Q3 net sales of Euro 1.55 billion, gross margin 45.4 percent, in line with guidance, ASML guides Q4 2015 net sales at approximately € 1.4 billion and a gross margin of around 45%. Institutional Investors own 84.44% of Northrop Grummn shares.
M. This represents a -0.075% difference between analyst expectations and the Northrop Grumman Corporation achieved in its quarterly earnings.
The Falls Church, VA-based company announced plans to streamline its business sectors to three from four with two new sectors being created by merging elements of its electronic systems, information systems and technical services sectors.
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The group now operates through its Electronic Systems, Information Systems, Aerospace Systems, and Technical Services domains. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to government and commercial customers across the world. The Company also conducts company with local, state, and foreign Authorities and domestic and global commercial customers.
