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Stock analysts at FBR Capital Markets increased their price target on shares of Alliant Techsystems (NYSE:ATK) from $115.00 to $145.00 in a report issued on Friday, Analyst Ratings.Net reports. FBR Capital Markets’ target price points to a potential upside of 0.90% from the company’s current price.

Alliant Techsystems (NYSE:ATK) opened at 143.70 on Friday. Alliant Techsystems has a 52-week low of $63.41 and a 52-week high of $143.80. The stock’s 50-day moving average is $125.8 and its 200-day moving average is $108.7. The company has a market cap of $4.576 billion and a price-to-earnings ratio of 14.73.

Alliant Techsystems (NYSE:ATK) last released its earnings data on Thursday, January 30th. The company reported $2.87 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.00 by $0.87. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.19 billion. Analysts expect that Alliant Techsystems will post $9.48 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Thursday, March 27th. Investors of record on Tuesday, March 4th will be given a dividend of 0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from Alliant Techsystems’s previous quarterly dividend of $0.26.

A number of other analysts have also recently weighed in on ATK. Analysts at Jefferies Group raised their price target on shares of Alliant Techsystems from $130.00 to $147.00 in a research note to investors on Friday. Separately, analysts at RBC Capital raised their price target on shares of Alliant Techsystems from $148.00 to $160.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Finally, analysts at Argus upgraded shares of Alliant Techsystems from a “hold” rating to a “buy” rating in a research note to investors on Friday, January 10th. They now have a $139.00 price target on the stock, up previously from $125.25. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have given a buy rating to the stock. Alliant Techsystems currently has an average rating of “Buy” and a consensus target price of $136.09.

Alliant Techsystems Inc (NYSE:ATK), is an aerospace, defense, and commercial products company that operates in 22 states, Puerto Rico, and internationally.

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