In a report released today, Cai Rumohr from Cowen & Co. maintained a Hold rating on Northrop (NYSE: NOC), with a price target of $350. The company’s shares closed yesterday at $322.13.
According to TipRanks.com, Rumohr is a 5-star analyst with an average return of 17.3% and a 74.5% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.
Currently, the analyst consensus on Northrop is a Moderate Buy with an average price target of $384.75.
See today’s analyst top recommended stocks >>
Northrop’s market cap is currently $56.17B and has a P/E ratio of 26.73. The company has a Price to Book ratio of 7.31.
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.
