Textron (TXT) Set to Announce Earnings on Wednesday
Textron (NYSE:TXT) will be posting its quarterly earnings results on Wednesday, January 22nd. Investors interested in listening to the company’s conference call can do so using this link.
Textron (NYSE:TXT) opened at 36.10 on Tuesday. Textron has a 1-year low of $24.87 and a 1-year high of $37.43. The stock’s 50-day moving average is $34.40 and its 200-day moving average is $29.86. The company has a market cap of $10.150 billion and a price-to-earnings ratio of 21.31.
TXT has been the subject of a number of recent research reports. Analysts at Merrill Lynch downgraded shares of Textron to a “neutral” rating in a research note to investors on Tuesday, January 7th. On a related note, analysts at Bank of America Corp. downgraded shares of Textron from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 7th. They now have a $40.00 price target on the stock, up previously from $29.00. Finally, analysts at Cowen and Company raised their price target on shares of Textron from $40.00 to $45.00 in a research note to investors on Thursday, January 2nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the stock. Textron currently has a consensus rating of “Hold” and a consensus target price of $37.55.
Textron Inc is a multi-industry company engaged in aircraft, defense, industrial and finance businesses to provide customers with products and services worldwide.
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