In a report released today, Cai Rumohr from Cowen & Co. maintained a Buy rating on Leidos Holdings (LDOS), with a price target of $74. The company’s shares closed yesterday at $63.98.
According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 14.3% and a 70.3% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.
Currently, the analyst consensus on Leidos Holdings is a Strong Buy with an average price target of $74.
See today’s analyst top recommended stocks >>
Leidos Holdings’ market cap is currently $9.34B and has a P/E ratio of 16.78. The company has a Price to Book ratio of 2.82.
Based on the recent corporate insider activity of 80 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LDOS in relation to earlier this year. Last month, Lawrence Nussdorf, a Director at LDOS bought 10,886 shares for a total of $273,130.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Leidos Holdings, Inc. is a holding company, which engages in the provision of scientific, engineering and information technology services and solutions in the areas of defense, intelligence, civil and health markets. It operates through the following three segments: Defensive Solutions, Civil, and Health.
