Cowen & Co. Reaffirms Their Buy Rating on Huntington Ingalls (HII)


In a report released today, Gautam Khanna from Cowen & Co. maintained a Buy rating on Huntington Ingalls (HII), with a price target of $260. The company’s shares closed yesterday at $234.08.

According to TipRanks.com, Khanna is a 5-star analyst with an average return of 11.2% and a 69.6% success rate. Khanna covers the Consumer Goods sector, focusing on stocks such as Transdigm Group Inc, Vista Outdoor, and ManTech.

Currently, the analyst consensus on Huntington Ingalls is a Moderate Buy with an average price target of $263.63.

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Huntington Ingalls’ market cap is currently $10.18B and has a P/E ratio of 17.26. The company has a Price to Book ratio of 5.99.

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Huntington Ingalls Industries, Inc. engages in the shipbuilding business. It operates through the following segments: Ingalls, Newport News, and Technical Solutions. The Ingalls segment develops and constructs non-nuclear ships, assault ships, and surface combatants.

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