L-3 Communications Holdings (LLL) : Zacks Investment Research ranks L-3 Communications Holdings (LLL) as 3, which is a Hold recommendation. 4 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 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 10 research analysts is 2.1, which indicates as a Buy.
L-3 Communications Holdings (LLL) : The highest short term price target forecast on L-3 Communications Holdings (LLL) is $167 and the lowest target price is $133. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $147.13 with a standard deviation of $12.48.
L-3 Communications Holdings (NYSE:LLL): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $147.54 and $146.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $150.77. The buying momentum continued till the end and the stock did not give up its gains. It closed at $150.28, notching a gain of 2.07% for the day. The total traded volume was 970,994 . The stock had closed at $147.23 on the previous day.
Also, Major Brokerage house, Deutsche Bank maintains its ratings on L-3 Communications Holdings (NYSE:LLL). In the latest research report, Deutsche Bank raises the target price from $150 per share to $160 per share. According to the latest information available, the shares are now rated Buy by the analysts at the agency. The rating by the firm was issued on June 13, 2016. The company shares have rallied 25.61% from its 1 Year high price. On Jun 9, 2016, the shares registered one year high at $148.01 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $142.02 and the 200 Day Moving Average price is recorded at $125.66.
L-3 Communications Holdings, Inc. (L-3 Holdings) operates through its wholly owned operating subsidiary L-3 Communications Corporation (L-3 Communications). L-3 is a prime contractor in intelligence, surveillance and reconnaissance (ISR) systems, aircraft sustainment (including modifications, logistics and maintenance), simulation and training, night vision and image intensification equipment, enterprise and mission information technology (IT) solutions, and cyber operations. L-3 also provides a range of communication and electronic systems and products used on military and commercial platforms. It operates in four segments: Electronic Systems, Aerospace Systems, Communication Systems and National Security Solutions (NSS). Its customers include the United States Department of Defense and its prime contractors, the United States Government intelligence agencies, the United States Department of Homeland Security, foreign Governments, and domestic and international commercial customers.