Drexel Hamilton Thinks Leidos Holdings’ Stock is Going to Recover


Drexel Hamilton analyst David Williams maintained a Buy rating on Leidos Holdings (LDOS) today and set a price target of $75. The company’s shares opened today at $55.44, close to its 52-week low of $54.13.

Williams wrote:

“We are transitioning coverage of LDOS with a Buy rating and a $75.00 PT.”

According to TipRanks.com, Williams is ranked #2435 out of 5107 analysts.

Currently, the analyst consensus on Leidos Holdings is a Strong Buy with an average price target of $78.

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Leidos Holdings’ market cap is currently $8.32B and has a P/E ratio of 16.80. The company has a Price to Book ratio of 2.41.

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Leidos Holdings, Inc. is a holding company, which engages in the provision of scientific, engineering, systems integration, and technical services and solutions in the areas of defense, health, energy, infrastructure, intelligence, surveillance, reconnaissance and cyber security to agencies.

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