Standpoint Research Initiates Coverage on Elbit Systems Ltd to Accumulate

Standpoint Research Initiates Coverage on Elbit Systems Ltd(NASDAQ:ESLT). The shares have been rated Accumulate. The rating by Standpoint Research was issued on Aug 1, 2016.

Elbit Systems Ltd (ESLT) made into the market gainers list on Mondays trading session with the shares advancing 0.36% or 0.36 points. Due to strong positive momentum, the stock ended at $100.2, which is also near the day’s high of $100.3999. The stock began the session at $100.16 and the volume stood at 52,607 shares. The 52-week high of the shares is $102.52 and the 52 week low is $69.28. The company has a current market capitalization of $4,282 M and it has 4,27,30,068 shares in outstanding.

Elbit Systems Ltd(ESLT) last announced its earnings results on May 17, 2016 for Fiscal Year 2016 and Q1.Earnings per share were $1.20.

Elbit Systems Ltd is an Israel-based company engaged in the fields of defense homeland security and commercial aviation. The Company develops and supplies airborne land and naval systems and products for defense homeland security and commercial aviation applications. In addition it provides support services and its major activities include military aircraft and helicopter systems; helmet mounted systems; commercial aviation systems and aero-structures; unmanned aircraft and unmanned surface vessels; land vehicle systems; command control communications computer and intelligence (C4I) systems; intelligence and cyber systems; electro-optic and countermeasures systems; homeland security systems; electronic warfare and signal intelligence systems and various commercial activities.

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