L3Harris Technologies, Inc. – Consensus ‘buy’ rating and 14.9% Upside Potential

Broker Ratings
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L3Harris Technologies, Inc. with ticker code (LHX) have now 21 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $338.00 and $184.00 calculating the mean target price we have $243.19. Now with the previous closing price of $211.66 this is indicating there is a potential upside of 14.9%. Also worth taking note is the 50 day moving average now sits at $208.70 and the 200 day MA is $190.83. The market cap for the company is 39.89B. The stock price for the company is currently $209.81 USD

The potential market cap would be $45,828,271,008 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 32.58, revenue per share of $102.42 and a 3.84% 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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