L-3 Communications Holdings, Inc. (NYSE:LLL) has been given a $202.00 price target by stock analysts at Royal Bank Of Canada in a research note issued on Wednesday. The firm presently has a “hold” rating on the aerospace company’s stock. Royal Bank Of Canada’s target price points to a potential upside of 9.08% from the company’s previous close.

A number of other research firms have also weighed in on LLL. Zacks Investment Research upgraded shares of L-3 Communications Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, October 31st. Stifel Nicolaus restated a “hold” rating and set a $175.00 price objective (up from $170.00) on shares of L-3 Communications Holdings in a research note on Sunday, July 30th. Jefferies Group LLC restated a “hold” rating and set a $185.00 price objective (up from $175.00) on shares of L-3 Communications Holdings in a research note on Tuesday, October 10th. Cowen and Company restated a “buy” rating and set a $185.00 price objective on shares of L-3 Communications Holdings in a research note on Thursday, July 20th. Finally, Deutsche Bank AG reiterated a “buy” rating and issued a $205.00 price target (up from $190.00) on shares of L-3 Communications Holdings in a research note on Monday, October 2nd. Eight research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $197.50.

L-3 Communications Holdings (NYSE LLL) traded up $2.85 during trading hours on Wednesday, reaching $185.19. 659,738 shares of the company’s stock were exchanged, compared to its average volume of 546,890. The company has a market cap of $14,470.00, a price-to-earnings ratio of 21.43, a P/E/G ratio of 3.49 and a beta of 1.17. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.62 and a current ratio of 1.80. L-3 Communications Holdings has a 1-year low of $143.54 and a 1-year high of $192.00.

L-3 Communications Holdings (NYSE:LLL) last released its quarterly earnings data on Thursday, October 26th. The aerospace company reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.03. The business had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.68 billion. L-3 Communications Holdings had a net margin of 5.22% and a return on equity of 14.00%. L-3 Communications Holdings’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business earned $1.88 EPS. sell-side analysts anticipate that L-3 Communications Holdings will post 8.92 EPS for the current fiscal year.

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In related news, insider Ralph Dambrosio sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $180.23, for a total value of $901,150.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Michael T. Strianese sold 22,547 shares of the firm’s stock in a transaction that occurred on Friday, September 1st. The stock was sold at an average price of $182.05, for a total transaction of $4,104,681.35. The disclosure for this sale can be found here. In the last three months, insiders sold 72,641 shares of company stock worth $13,399,403. 2.90% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Acrospire Investment Management LLC purchased a new position in shares of L-3 Communications Holdings in the second quarter worth approximately $100,000. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of L-3 Communications Holdings by 103.1% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 654 shares of the aerospace company’s stock worth $109,000 after buying an additional 332 shares during the last quarter. Invictus RG purchased a new position in shares of L-3 Communications Holdings in the third quarter worth approximately $135,000. Parallel Advisors LLC boosted its holdings in shares of L-3 Communications Holdings by 56.5% in the third quarter. Parallel Advisors LLC now owns 961 shares of the aerospace company’s stock worth $178,000 after buying an additional 347 shares during the last quarter. Finally, NEXT Financial Group Inc boosted its holdings in shares of L-3 Communications Holdings by 53.8% in the third quarter. NEXT Financial Group Inc now owns 1,012 shares of the aerospace company’s stock worth $190,000 after buying an additional 354 shares during the last quarter. 79.93% of the stock is currently owned by institutional investors.

L-3 Communications Holdings Company Profile

L3 Technologies, Inc, formerly L-3 Communications Holdings, Inc, is a prime contractor in Intelligence, Surveillance and Reconnaissance (ISR) systems, aircraft sustainment, simulation and training, night vision and image intensification equipment and security and detection systems. The Company provides a broad range of communication and electronic systems and products used on military and commercial platforms.

Analyst Recommendations for L-3 Communications Holdings (NYSE:LLL)

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