Analyst Rating Update on Orbital ATK (OA)

Orbital ATK (NYSE:OA) : Zacks Investment Research ranks Orbital ATK (NYSE:OA) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 8 research analysts is 1.38, which indicates as a Strong Buy.

Orbital ATK (NYSE:OA) : The consensus price target for Orbital ATK (NYSE:OA) is $99.5 for the short term with a standard deviation of $6.28. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $108, however, the pessimist price target for the company is $93.

For the current week, the company shares have a recommendation consensus of Buy.

Orbital ATK (NYSE:OA): On Tuesdays trading session , Opening price of the stock was $83.66 with an intraday high of $83.9943. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $82.11. However, the stock managed to close at $82.65, a loss of 0.61% for the day. On the previous day, the stock had closed at $83.16. The total traded volume of the day was 771,409 shares.

In an insider trading activity,The officer (Executive Vice President) of Orbital Atk, Inc., Culbertson Frank L. Jr. sold 550 shares at $89.04 on June 1, 2016. The Insider selling transaction had a total value worth of $48,972. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Orbital ATK, Inc., formerly Alliant Techsystems Inc., is an aerospace and defense company. The Company designs, builds and delivers space, defense and aviation-related systems. The Company operates through three business segments: Flight Systems Group, which develops rockets that are used as small- and medium-class space launch vehicles; Defense Systems Group, which develops and produces military small- medium- and large-caliber ammunition, small-caliber commercial ammunition, propulsion systems, strike weapons, precision weapons and munitions, gun systems, aircraft survivability systems, fuzes and warheads, and special mission aircraft, and Space Systems Group, which develops and produces small- and medium-class satellites that are used to enable global and regional communications and broadcasting, conduct space-related scientific research, and perform other activities related to national security.

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