Analyst Neutral on Rockwell Collins, Inc. (COL)
In a report issued on July 1, Howard Rubel from Jefferies reiterated a Hold rating on Rockwell Collins, Inc. (NYSE:COL). The company’s shares closed last Friday at $84.39.
Rockwell Collins has recently been granted a modification contract with the U.S. Navy to provide AN/ARC-210 radios and other equipment for domestic and foreign allies. The contract is valued at an impressive $60.1 million. Analysts expect COL to have an EPS of $1.62 this quarter, with a forecast EPS of $5.50 for the whole year.
According to TipRanks.com, Rubel is a top 100 analyst with an average return of 16.2% and a 72.1% success rate. Rubel covers the Industrial Goods sector, focusing on stocks such as United Technologies Corp., General Dynamics Corp., and Lockheed Martin Corp.
Currently, the analyst consensus on Rockwell Collins is Moderate Buy and the average price target is $86, representing a 1.9% upside.
In a report issued on June 23, Morgan Stanley also initiated coverage with a Hold rating on the stock with a $91 price target.