Raytheon (RTN) Gets a Hold Rating from Barclays


Barclays analyst David E. Strauss maintained a Hold rating on Raytheon (RTN) yesterday and set a price target of $215.00. The company’s shares closed last Monday at $192.22.

According to TipRanks.com, Strauss is a 4-star analyst with an average return of 6.3% and a 58.9% success rate. Strauss covers the Consumer Goods sector, focusing on stocks such as L3Harris Technologies Inc, General Dynamics Corp, and Transdigm Group Inc.

Raytheon has an analyst consensus of Moderate Buy, with a price target consensus of $221.17.

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Raytheon’s market cap is currently $53.53B and has a P/E ratio of 17.70. The company has a Price to Book ratio of 4.39.

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Raytheon Co. is engaged in the development and manufacture of defense and security solutions. It operates through the following segments: Integrated Defense Systems; Intelligence, Information, and Services (IIS); Missile Systems; Space and Airborne Systems (SAS); Forcepoint.

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