Harris Corporation (NYSE:HRS) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.5 by 8 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Citigroup initiates coverage on Harris Corporation (NYSE:HRS) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $95 per share. The rating by the firm was issued on June 10, 2016.
Harris Corporation (NYSE:HRS) should head towards $94.29 per share according to 7 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $85 per share. The higher price estimate target is at $105 according to the Analysts.
Harris Corporation (NYSE:HRS) rose 0.4% or 0.33 points on Tuesday and made its way into the gainers of the day. After trading began at $83.05 the stock was seen hitting $83.97 as a peak level and $83.05 as the lowest level. The stock ended up at $83.5. The daily volume was measured at 1,239,903 shares. The 52-week high of the share price is $89.78 and the 52-week low is $70.1. The company has a market cap of $10,415 million.
Shares of Harris Corporation rose by 3.11% in the last five trading days and 6.71% for the last 4 weeks. Harris Corporation is up 5.53% in the last 3-month period. Year-to-Date the stock performance stands at -2.69%.
Harris Corporation (Harris) together with its subsidiaries is engaged in providing technology-based solutions to government and commercial customers. As of July 3, 2015, the Company operated through four business segments: RF Communications, Government Communications Systems, Integrated Network Solutions and Exelis. The RF Communications segment is engaged in serving the United States Department of Defense (DoD) and International Tactical Communications, and public safety and professional communications markets. The Government Communications Systems segment is engaged in serving civil, national intelligence and defense markets. The Integrated Network Solutions segment is engaged in serving information technology (IT) services, and managed satellite and terrestrial communications solutions markets. The Exelis segment provides positioning and navigation, sensors, air traffic management solutions, image processing and distribution, communications and information systems.