Brokerage Firm Rating Update on Northrop Grumman Corporation (NOC)

Northrop Grumman Corporation (NOC) : 4 brokerage houses believe that Northrop Grumman Corporation (NOC) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Northrop Grumman Corporation (NOC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 10 Wall Street Analysts endorse the stock as a Buy with a rating of 2.2.

Northrop Grumman Corporation (NOC) : Currently there are 8 street experts covering Northrop Grumman Corporation (NOC) stock. The most bullish and bearish price target for the stock is $250 and $208 respectively for the short term. The average price target of all the analysts comes to $233.38. The estimated standard deviation from the target is $13.75.


For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, JP Morgan downgrades its rating on Northrop Grumman Corporation (NYSE:NOC).The analysts at the brokerage house have a current rating of Neutral on the shares. Earlier, the shares were rated a Overweight by the brokerage firm. In a recent information released to the investors, JP Morgan raises the new price target from $225 per share to $231 per share. The rating by the firm was issued on August 25, 2016.

Northrop Grumman Corporation (NYSE:NOC): stock was range-bound between the intraday low of $212.12 and the intraday high of $214.03 after having opened at $214.01 on Wednesdays session. The stock finally closed in the red at $214.01, a loss of -0.88%. The stock remained in the red for the whole trading day. The total traded volume was 782,985 shares. The stock failed to cross $214.03 in Wednesdays trading. The stocks closing price on Thursday was $214.76.

Northrop Grumman Corporation is a global security company. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to government and commercial customers across the world. The Company operates through four segments: Aerospace Systems, Electronic Systems, Information Systems and Technical Services. It offers a portfolio of capabilities and technologies that enable it to deliver systems and solutions for applications. It participates in many high-priority defense and Government programs in the United States and abroad. The Company conducts business with the United States Government, the Department of Defense (DoD) and intelligence community. The Company also conducts business with local, state, and foreign Governments and domestic and international commercial customers.

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