L3 Technologies (NYSE:LLL) Price Target Increased to $200.00 by Analysts at UBS Group

L3 Technologies (NYSE:LLL) had its price target increased by UBS Group to $200.00 in a research report released on Wednesday, The Fly reports. They currently have a neutral rating on the aerospace company’s stock.

LLL has been the subject of a number of other reports. SunTrust Banks boosted their price objective on Markel to $1,100.00 and gave the company a hold rating in a research note on Thursday, May 2nd. Credit Suisse Group reiterated a buy rating and set a $19.50 price objective on shares of Infineon Technologies in a research note on Thursday, May 2nd. Cowen reiterated a hold rating and set a $103.00 price objective on shares of United Therapeutics in a research note on Wednesday, May 1st. Barclays reiterated a buy rating on shares of Netflix in a research note on Thursday, May 16th. Finally, ValuEngine downgraded Valero Energy from a hold rating to a sell rating in a research note on Wednesday, May 8th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has an average rating of Buy and a consensus target price of $235.00.

Shares of NYSE:LLL opened at $245.17 on Wednesday. The company’s 50 day moving average is $247.99. The company has a market cap of $19.48 billion, a P/E ratio of 22.81, a PEG ratio of 2.24 and a beta of 1.02. The company has a current ratio of 2.02, a quick ratio of 1.65 and a debt-to-equity ratio of 0.54. L3 Technologies has a 12-month low of $158.76 and a 12-month high of $260.48.

L3 Technologies (NYSE:LLL) last announced its quarterly earnings data on Wednesday, May 1st. The aerospace company reported $2.89 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.52 by $0.37. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.53 billion. L3 Technologies had a return on equity of 15.50% and a net margin of 9.64%. The firm’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the company posted $2.34 EPS. On average, research analysts predict that L3 Technologies will post 11.76 EPS for the current year.

Hedge funds have recently bought and sold shares of the business. Glassman Wealth Services bought a new position in L3 Technologies in the 1st quarter worth approximately $32,000. Investors Research Corp bought a new position in L3 Technologies in the 1st quarter worth approximately $41,000. Thor Advisors LLC bought a new position in L3 Technologies in the 1st quarter worth approximately $41,000. Meridian Wealth Management LLC bought a new position in L3 Technologies in the 1st quarter worth approximately $43,000. Finally, First Interstate Bank bought a new position in L3 Technologies in the 1st quarter worth approximately $43,000. Institutional investors and hedge funds own 80.95% of the company’s stock.

L3 Technologies Company Profile

L3 Technologies, Inc provides aircraft sustainment, simulation and training, night vision and image intensification equipment, and security and detection systems used on military, homeland security, and commercial platforms in the United States and internationally. It operates in three segments: Intelligence, Surveillance and Reconnaissance (ISR) Systems; Communications and Networked Systems (C&NS); and Electronic Systems.

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Analyst Recommendations for L3 Technologies (NYSE:LLL)

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