In a report released today, Cai Rumohr from Cowen & Co. assigned a Hold rating to Rockwell Collins (NYSE: COL), with a price target of $135. The company’s shares opened today at $138.61, close to its 52-week high of $139.63.
According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 17.7% and a 75.7% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.
The the analyst consensus on Rockwell Collins is currently a Hold rating.
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Based on Rockwell Collins’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.18 billion and net profit of $237 million. In comparison, last year the company earned revenue of $2.09 billion and had a net profit of $179 million.
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Rockwell Collins, Inc. manufactures communication and aviation electronic products. The company operates its business through following segments: Interior Systems, Commercial Systems, Government Systems, and Information Management Services.
