BidaskClub Lowers Elbit Systems (ESLT) to Strong Sell
Elbit Systems (NASDAQ:ESLT) was downgraded by BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Tuesday.
Several other research analysts also recently weighed in on ESLT. ValuEngine upgraded shares of Elbit Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Standpoint Research downgraded shares of Elbit Systems from an “accumulate” rating to a “hold” rating in a research report on Thursday, October 5th. Finally, Zacks Investment Research upgraded shares of Elbit Systems from a “hold” rating to a “strong-buy” rating and set a $176.00 price objective on the stock in a research report on Tuesday, October 17th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $143.00.
Shares of Elbit Systems (NASDAQ:ESLT) traded down $0.76 during mid-day trading on Tuesday, reaching $134.65. 38,632 shares of the company traded hands, compared to its average volume of 33,920. The company has a quick ratio of 0.82, a current ratio of 1.26 and a debt-to-equity ratio of 0.15. Elbit Systems has a 52 week low of $99.95 and a 52 week high of $153.13. The stock has a market capitalization of $5,750.00, a PE ratio of 21.77 and a beta of 0.58.
Elbit Systems Company Profile
Elbit Systems Ltd. is an international technology company engaged in a range of programs across the world. The Company develops and supplies a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. Its systems and products are installed on new platforms, and it also performs platform modernization programs.
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