In a report released today, Rajeev Lalwani from Morgan Stanley maintained a Hold rating on Lockheed Martin Corp (LMT), with a price target of $324. The company’s shares opened today at $305.
According to TipRanks.com, Lalwani is a 4-star analyst with an average return of 5.3% and a 61.2% success rate. Lalwani covers the Services sector, focusing on stocks such as Allegiant Travel Company, Southwest Airlines, and Hawaiian Holdings.
Currently, the analyst consensus on Lockheed Martin Corp is a Moderate Buy with an average price target of $333.56, a 9.4% upside from current levels. In a report issued on January 30, Credit Suisse also maintained a Hold rating on the stock with a $290 price target.
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The company has a one-year high of $363 and a one-year low of $241.18. Currently, Lockheed Martin Corp has an average volume of 1.57M.
Based on the recent corporate insider activity of 36 insiders, corporate insider sentiment is negative on the stock.
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Lockheed Martin Corp. operates as a global security and aerospace company, which engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It operates through the following business segments: Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space.
