L3Harris Technologies, Inc. Share Price Target ‘$242.52’, now 16.3% Upside Potential

Broker Ratings
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L3Harris Technologies, Inc. with ticker code (LHX) have now 21 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $324.00 and $184.00 and has a mean share price target at $242.52. (at the time of writing). Given that the stocks previous close was at $208.56 this indicates there is a potential upside of 16.3%. It’s also worth noting that there is a 50 day moving average of $211.24 and the 200 day MA is $194.17. The company has a market cap of 39.01B. The current share price for the company is: $205.20 USD

The potential market cap would be $45,357,921,682 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 31.86, 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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