Raytheon (RTN) Scheduled to Post Earnings on Thursday
Raytheon (NYSE:RTN) will post its quarterly earnings results on Thursday, January 30th. Parties that wish to listen to the company’s conference call can do so using this link.
Shares of Raytheon (NYSE:RTN) opened at 89.21 on Wednesday. Raytheon has a 1-year low of $52.24 and a 1-year high of $92.69. The stock has a 50-day moving average of $89.22 and a 200-day moving average of $81.07. The company has a market cap of $28.500 billion and a price-to-earnings ratio of 15.26.
A number of research firms have recently commented on RTN. Analysts at Deutsche Bank raised their price target on shares of Raytheon from $94.00 to $96.00 in a research note to investors on Tuesday, January 14th. They now have a “hold” rating on the stock. On the ratings front, analysts at UBS AG raised their price target on shares of Raytheon from $76.00 to $90.00 in a research note to investors on Monday, January 6th. They now have a “neutral” rating on the stock. Finally, analysts at Zacks upgraded shares of Raytheon from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, December 4th. They now have a $107.00 price target on the stock. Eleven analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $83.80.
Raytheon Company together with its subsidiaries, is a technology company specializing in defense, homeland security and other government markets worldwide.
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