Zacks Rating on Harris Corporation (HRS)

Harris Corporation (HRS) has an average broker rating of 1.6, which is interpreted as a Buy, as rated by 5 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.

Harris Corporation (HRS) : 5 Wall Street analysts covering Harris Corporation (HRS) believe that the average level the stock could reach for the short term is $96.8. The maximum price target given is $103 and the minimum target for short term is around $85, hence the standard deviation is calculated at $7.46.


Shares of Harris Corporation rose by 1.49% in the last five trading days and 6.83% for the last 4 weeks. Harris Corporation is up 16.38% in the last 3-month period. Year-to-Date the stock performance stands at 6.44%. Harris Corporation (NYSE:HRS): stock turned positive on Tuesday. Though the stock opened at $91.5, the bulls momentum made the stock top out at $91.89 level for the day. The stock recorded a low of $91.325 and closed the trading day at $91.34, in the green by 0.11%. The total traded volume for the day was 572,396. The stock had closed at $91.24 in the previous days trading.

Harris Corporation (Harris) together with its subsidiaries is engaged in providing technology-based solutions to government and commercial customers. As of July 3, 2015, the Company operated through four business segments: RF Communications, Government Communications Systems, Integrated Network Solutions and Exelis. The RF Communications segment is engaged in serving the United States Department of Defense (DoD) and International Tactical Communications, and public safety and professional communications markets. The Government Communications Systems segment is engaged in serving civil, national intelligence and defense markets. The Integrated Network Solutions segment is engaged in serving information technology (IT) services, and managed satellite and terrestrial communications solutions markets. The Exelis segment provides positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems.

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