L3Harris Technologies, Inc. – Consensus ‘buy’ rating and 12.8% Upside Potential

Broker Ratings
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L3Harris Technologies, Inc. which can be found using ticker (LHX) have now 21 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $324.00 and $185.00 and has a mean target at $247.64. Given that the stocks previous close was at $219.60 and the analysts are correct then we can expect a percentage increase in value of 12.8%. Also worth taking note is the 50 day moving average now sits at $210.87 and the 200 day moving average is $195.80. The market cap for the company is 41.84B. The stock price for the company is currently $220.58 USD

The potential market cap would be $47,181,978,626 based on the market consensus.

The company has a dividend yield of 2.88%. Other points of data to note are a P/E ratio of 35.87, revenue per share of $106.38 and a 3.89% return on assets.

L3Harris Technologies Inc. is a global aerospace and defense technology company. The Company operates through three segments. The Integrated Mission Systems segment includes multi-mission intelligence, surveillance and reconnaissance systems; integrated electrical and electronic systems for maritime platforms; advanced electro-optical and infrared solutions; fuzing and ordnance systems; commercial aviation products, and commercial pilot training operations. The Space & Airborne Systems segment includes space payloads, sensors and full-mission solutions; classified intelligence and cyber; avionics; electronic warfare, and mission networks for air traffic management operations. The Communication Systems segment includes tactical communications with global communications solutions; broadband communications; integrated vision solutions; and public safety radios, system applications and equipment. The Company is also engaged in the Link 16 Tactical Data Links (TDL) business.

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