Raytheon Company (RTN) has an average broker rating of 1.27, which is interpreted as a Strong Buy, as rated by 15 equity analysts. Nonetheless, 13 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.
Raytheon Company (RTN) has been rated by 12 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $153 and the lowest price target forecast is $118. The average forecast of all the analysts is $141 and the expected standard deviation is $10.33.
For the current week, the company shares have a recommendation consensus of Buy.
Raytheon Company (NYSE:RTN): The stock opened at $139.72 on Tuesday but the bulls could not build on the opening and the stock topped out at $139.93 for the day. The stock traded down to $138.00 during the day, due to lack of any buying support eventually closed down at $138.33 with a loss of -0.62% for the day. The stock had closed at $139.19 on the previous day. The total traded volume was 1,201,630 shares.
Raytheon Company, together with its subsidiaries, is a technology Company that specializes in defense and other Government markets. The Company develops products, services and solutions in markets: sensing; effects; command, control, communications and intelligence (C3I); and mission support, as well as cyber and information security. The Company operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information and Services; Missile Systems, and Space and Airborne Systems. The Company serves both domestic and international customers, as both a prime contractor and subcontractor on a portfolio of defense and related programs primarily for Government customers. The Companys products include Global Integrated Sensors, Integrated Air & Missile Defense, Cybersecurity and Special Missions, Global Training Solutions, Land Warfare Systems, Advanced Missile Systems, Tactical Airborne Systems, Advanced Missile Systems and Electronic Warfare Systems.