L3Harris Technologies, Inc. – Consensus ‘buy’ rating and 16.5% Upside Potential

Broker Ratings
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L3Harris Technologies, Inc. with ticker code (LHX) now have 21 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $338.00 and $162.00 and has a mean target at $239.14. Now with the previous closing price of $205.21 this would imply there is now a potential upside of 16.5%. It’s also worth noting that there is a 50 day moving average of $194.56 and the 200 day moving average is $188.33. The total market capitalization for the company now stands at 39.12B. The stock price for the company is currently $206.40 USD

The potential market cap would be $45,589,441,405 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 26.6, revenue per share of $98.27 and a 2.85% 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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