Deutsche Bank Reiterates “Buy” Rating for Rockwell Collins (COL)
Rockwell Collins (NYSE:COL)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank in a report released on Monday, AnalystRatingsNetwork.com reports. They currently have a $95.00 target price on the stock. Deutsche Bank’s price target would suggest a potential upside of 19.69% from the stock’s previous close.
A number of other firms have also recently commented on COL. Analysts at Zacks reiterated a “neutral” rating on shares of Rockwell Collins in a research note on Monday. They now have a $83.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Rockwell Collins from $86.00 to $87.00 in a research note on Monday. Finally, analysts at Bank of America reiterated an “underperform” rating on shares of Rockwell Collins in a research note on Monday. They now have a $80.00 price target on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $79.76.
Shares of Rockwell Collins (NYSE:COL) traded down 0.43% during mid-day trading on Monday, hitting $79.13. 578,257 shares of the company’s stock traded hands. Rockwell Collins has a one year low of $58.79 and a one year high of $84.06. The stock has a 50-day moving average of $80.08 and a 200-day moving average of $75.04. The company has a market cap of $10.857 billion and a price-to-earnings ratio of 17.58.
Rockwell Collins (NYSE:COL) last released its earnings data on Thursday, April 17th. The company reported $1.07 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.07. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same quarter last year, the company posted $1.17 earnings per share. Rockwell Collins’s revenue was up 12.5% compared to the same quarter last year. Analysts expect that Rockwell Collins will post $4.47 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, June 2nd. Shareholders of record on Monday, May 12th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.51%. The ex-dividend date of this dividend is Thursday, May 8th.
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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