Brokerage Firm Rating Update on Orbital ATK (OA)

Orbital ATK (OA) has an average broker rating of 1.5, which is interpreted as a Strong Buy, as rated by 8 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 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 3, which is also a Hold.

Orbital ATK (OA) : The most positive equity analysts on Orbital ATK (OA) expects the shares to touch $100, whereas, the least positive believes that the stock will trade at $76 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $92.67 with an expected fluctuation of $9.91 from the mean.


For the current week, the company shares have a recommendation consensus of Buy. Also, Deutsche Bank initiates coverage on Orbital ATK (NYSE:OA). Deutsche Bank has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $100 per share. The rating by the firm was issued on September 1, 2016.

Orbital ATK (NYSE:OA): stock was range-bound between the intraday low of $75.6 and the intraday high of $77 after having opened at $76.76 on Wednesdays session. The stock finally closed in the red at $76.76, a loss of -1.86%. The stock remained in the red for the whole trading day. The total traded volume was 652,438 shares. The stock failed to cross $77 in Wednesdays trading. The stocks closing price on Thursday was $77.28.

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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