L3Harris Technologies, Inc. – Consensus ‘buy’ rating and 20.7% Upside Potential

Broker Ratings
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L3Harris Technologies, Inc. with ticker code (LHX) have now 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 338 and 169 with the average target price sitting at $236.35. Now with the previous closing price of $195.77 and the analysts are correct then we can expect a percentage increase in value of 20.7%. Also worth taking note is the 50 day moving average now sits at $189.11 while the 200 day moving average is $207.97. The company has a market cap of 37.46B. The current share price for the company is: 197.74 USD

The potential market cap would be $45,227,799,084 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 40.69, revenue per share of 91.23 and a 3.23% 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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