In a report released today, Rajeev Lalwani from Morgan Stanley maintained a Hold rating on Lockheed Martin Corp (LMT), with a price target of $376. The company’s shares closed last Monday at $377.22, close to its 52-week high of $381.51.
According to TipRanks.com, Lalwani is a 4-star analyst with an average return of 4.6% and a 60.6% success rate. Lalwani covers the Services sector, focusing on stocks such as Allegiant Travel Company, Southwest Airlines, and American Airlines.
Lockheed Martin Corp has an analyst consensus of Moderate Buy, with a price target consensus of $385.
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The company has a one-year high of $381.51 and a one-year low of $241.18. Currently, Lockheed Martin Corp has an average volume of 1.2M.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock.
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