Stifel Nicolaus analyst Joseph DeNardi reiterated a Hold rating on General Dynamics Corp (NYSE: GD) yesterday and set a price target of $210. The company’s shares opened today at $202.02.
According to TipRanks.com, DeNardi is a 5-star analyst with an average return of 16.9% and a 72.3% success rate. DeNardi covers the Services sector, focusing on stocks such as Allegiant Travel Company, Hawaiian Holdings, and American Airlines.
General Dynamics Corp has an analyst consensus of Moderate Buy, with a price target consensus of $238.17.
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Based on General Dynamics Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $7.54 billion and net profit of $799 million. In comparison, last year the company earned revenue of $7.68 billion and had a net profit of $749 million.
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General Dynamics Corp. is an aerospace and defense company, which engages in the provision of tanks, rockets, missiles, submarines, warships, fighters and electronics to all of the military services. It is organized into four business groups: Aerospace, Combat Systems, Information Systems and Technology, and Marine Systems.
