Credit Suisse analyst Robert Spingarn maintained a Buy rating on L3 Technologies Inc (NYSE: LLL) yesterday and set a price target of $218. The company’s shares opened today at $202.05.
According to TipRanks.com, Spingarn is a 5-star analyst with an average return of 14.9% and a 71.2% success rate. Spingarn covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Transdigm Group Inc, and Huntington Ingalls.
Currently, the analyst consensus on L3 Technologies Inc is a Moderate Buy with an average price target of $220.75, implying a 9.3% upside from current levels. In a report released yesterday, Cowen & Co. also maintained a Buy rating on the stock with a $225 price target.
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L3 Technologies Inc’s market cap is currently $15.47B and has a P/E ratio of 21.96. The company has a Price to Book ratio of 2.94.
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L3 Technologies, Inc. provides communication and electronic systems used on military, homeland security and commercial platforms. It offers communication, electronic and sensor systems used in aerospace systems, security and detection systems, and pilot training.
