Analyst Rating Update on Northrop Grumman Corporation (NOC)

Northrop Grumman Corporation (NOC) : 5 brokerage houses believe that Northrop Grumman Corporation (NOC) is a Strong Buy at current levels. 6 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Northrop Grumman Corporation (NOC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 11 Wall Street Analysts endorse the stock as a Buy with a rating of 2.09.

Northrop Grumman Corporation (NOC) stock is expected to deviate a maximum of $22.02 from the average target price of $222.44 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $250 and the most muted being $193.

For the current week, the company shares have a recommendation consensus of Buy.


Northrop Grumman Corporation (NYSE:NOC): The stock opened at $218.95 on Wednesday but the bulls could not build on the opening and the stock topped out at $219.53 for the day. The stock traded down to $217.80 during the day, due to lack of any buying support eventually closed down at $218.66 with a loss of -0.01% for the day. The stock had closed at $218.68 on the previous day. The total traded volume was 811,448 shares.

Northrop Grumman Corporation is a global security company. The Company provides systems, products and solutions in unmanned systems; cyber; command, control, communications and computers (C4), intelligence, surveillance, and reconnaissance (C4ISR); strike aircraft, and logistics and modernization to government and commercial customers across the world. The Company operates through four segments: Aerospace Systems, Electronic Systems, Information Systems and Technical Services. It offers a portfolio of capabilities and technologies that enable it to deliver systems and solutions for applications. It participates in many high-priority defense and Government programs in the United States and abroad. The Company conducts business with the United States Government, the Department of Defense (DoD) and intelligence community. The Company also conducts business with local, state, and foreign Governments and domestic and international commercial customers.

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