Rockwell Collins Inc. Sets New 1-Year High at $79.59 (COL)
Rockwell Collins (NYSE:COL) set a new 52-week high on Thursday, AR Network reports. The company traded as high as $79.59 and last traded at $79.27, with a volume of 868,271 shares. The stock had previously closed at $79.19.
A number of research firms have recently commented on COL. Analysts at Deutsche Bank upgraded shares of Rockwell Collins from a “hold” rating to a “buy” rating in a research note to investors on Thursday. They now have a $95.00 price target on the stock, up previously from $82.00. Separately, analysts at Canaccord Genuity raised their price target on shares of Rockwell Collins from $63.00 to $80.00 in a research note to investors on Wednesday. They now have a “hold” rating on the stock. Finally, analysts at Morgan Stanley reiterated a “positive” rating on shares of Rockwell Collins in a research note to investors on Wednesday. Eleven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $77.33.
Rockwell Collins has a 52 week low of $57.75 and a 52 week high of $79.57. The stock’s 50-day moving average is $74. and its 200-day moving average is $71.60. The company has a market cap of $10.713 billion and a P/E ratio of 17.29.
Rockwell Collins (NYSE:COL) last posted its quarterly earnings results on Tuesday, January 21st. The company reported $0.96 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.95 by $0.01. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter last year, the company posted $0.94 earnings per share. Rockwell Collins’s revenue was up .8% compared to the same quarter last year. Analysts expect that Rockwell Collins will post $4.43 EPS for the current fiscal year.
Rockwell Collins, Inc (NYSE:COL) is engaged in design, production and support of communications and aviation electronics for commercial and military customers worldwide.
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