Huntington Ingalls Industries PT Raised to $91.00 at UBS AG (HII)
UBS AG hoisted their price objective on shares of Huntington Ingalls Industries (NYSE:HII) from $73.00 to $91.00 in a research note issued on Monday, AnalystRatings.Net reports. The firm currently has a “neutral” rating on the stock. UBS AG’s target price suggests a potential upside of 2.92% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sanford C. Bernstein raised their price target on shares of Huntington Ingalls Industries from $92.00 to $108.00 in a research note to investors on Friday, December 20th. Separately, analysts at Deutsche Bank upgraded shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, December 17th. They now have a $100.00 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Huntington Ingalls Industries from $70.00 to $85.00 in a research note to investors on Thursday, November 14th. They now have an “equal weight” rating on the stock. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $75.63.
Huntington Ingalls Industries (NYSE:HII) last released its earnings data on Thursday, November 7th. The company reported $1.17 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.82 by $0.35. The company had revenue of $1.64 billion for the quarter, compared to the consensus estimate of $1.64 million. During the same quarter last year, the company posted $0.74 earnings per share. Huntington Ingalls Industries’s revenue was up 2.6% compared to the same quarter last year.
Huntington Ingalls Industries, Inc (NYSE:HII) owns and operates two segments: Ingalls Shipbuilding and Newport News Shipbuilding.
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