Lockheed Martin Corporation (LMT) : The consensus on Lockheed Martin Corporation (LMT) based on 9 analyst recommendation on the company stock is 2.56, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Lockheed Martin Corporation (LMT) : 7 investment research analysts covering Lockheed Martin Corporation (LMT) have an average price target of $265.57 for the near short term. The highest target price given by the Brokerage Firm to the stock is $297 and the lowest target is $240 for the short term. Analysts expect the variance to be within $20.42 of the average price.
Lockheed Martin Corporation has lost 2.73% in the last five trading days and dropped 2.3% in the last 4 weeks. Lockheed Martin Corporation is up 4.36% in the last 3-month period. Year-to-Date the stock performance stands at 16.68%. Lockheed Martin Corporation (NYSE:LMT): On Tuesdays trading session , Opening price of the stock was $255.24 with an intraday high of $255.24. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $248.1365. However, the stock managed to close at $249.75, a loss of 1.75% for the day. On the previous day, the stock had closed at $254.2. The total traded volume of the day was 10,627,904 shares.
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Companys areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves both the United States and international customers with products and services that have defense, civil and commercial applications.