Northrop (NOC) Receives a Hold from Cowen & Co.


In a report released today, Cai Rumohr from Cowen & Co. maintained a Hold rating on Northrop (NOC), with a price target of $300. The company’s shares closed yesterday at $270.11.

According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 11.3% and a 57.4% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

Northrop has an analyst consensus of Moderate Buy, with a price target consensus of $331.20.

See today’s analyst top recommended stocks >>

Based on Northrop’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $8.09 billion and net profit of $1.14 billion. In comparison, last year the company earned revenue of $6.53 billion and had a net profit of $645 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Northrop Grumman Corp. engages in the provision of security businesses. It includes products, systems, and solutions in autonomous systems, cyber, command, control, communications and computers, intelligence, surveillance and reconnaissance, strike, and logistics and modernization.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts