L3Harris Technologies, Inc. – Consensus ‘buy’ rating and 18.2% Upside Potential

Broker Ratings
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L3Harris Technologies, Inc. with ticker code (LHX) now have 22 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $324.00 and $184.00 calculating the average target price we see $242.88. Now with the previous closing price of $205.45 this would imply there is now a potential upside of 18.2%. Also worth taking note is the 50 day moving average now sits at $210.16 and the 200 moving average now moves to $194.57. The company has a market capitalization of 39.57B. The current share price for the company is: $208.14 USD

The potential market cap would be $46,773,560,247 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 32.37, 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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