L3 Technologies Inc (LLL) Initiated with a Buy at Alembic Global


In a report issued on August 27, Peter Skibitski from Alembic Global initiated coverage with a Buy rating on L3 Technologies Inc (NYSE: LLL) and a price target of $246. The company’s shares closed yesterday at $212.28.

According to TipRanks.com, Skibitski is a 4-star analyst with an average return of 22.7% and a 85.0% success rate. Skibitski covers the Consumer Goods sector, focusing on stocks such as General Dynamics Corp, Huntington Ingalls, and BWX Technologies.

Currently, the analyst consensus on L3 Technologies Inc is a Moderate Buy with an average price target of $240.17.

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L3 Technologies Inc’s market cap is currently $16.61B and has a P/E ratio of 25.94. The company has a Price to Book ratio of 3.05.

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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.

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