Share on StockTwits

RBC Capital lowered their price objective on shares of Rockwell Collins (NYSE:COL) from $88.00 to $3.00 in a research note issued on Tuesday. RBC Capital’s target price suggests a potential downside of 96.10% from the company’s current price.

Shares of Rockwell Collins (NYSE:COL) traded up 0.11% on Tuesday, hitting $77.0675. 106,782 shares of the company’s stock traded hands. Rockwell Collins has a 1-year low of $65.76 and a 1-year high of $84.06. The stock’s 50-day moving average is $76.01 and its 200-day moving average is $78.4. The company has a market cap of $10.412 billion and a P/E ratio of 17.23.

Rockwell Collins (NYSE:COL) last released its earnings data on Tuesday, July 22nd. The company reported $1.19 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.17 by $0.02. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the prior year, the company posted $1.20 earnings per share. The company’s quarterly revenue was up 11.7% on a year-over-year basis. Analysts expect that Rockwell Collins will post $4.51 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 2nd. Investors of record on Monday, August 11th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Thursday, August 7th.

Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Rockwell Collins in a research note on Wednesday, July 23rd. They now have a $95.00 price target on the stock, up previously from $87.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Rockwell Collins in a research note on Wednesday, July 23rd. They now have a $82.00 price target on the stock. Finally, analysts at Canaccord Genuity cut their price target on shares of Rockwell Collins from $88.00 to $84.00 in a research note on Wednesday, July 23rd. They now have a “hold” rating on the stock. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $75.69.

Rockwell Collins, Inc (NYSE:COL) is engaged in design, production and support of communications and aviation electronics for commercial and military customers worldwide.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.