Wells Fargo analyst Matthew Akers maintained a Hold rating on Lockheed Martin (LMT – Research Report) today and set a price target of $482.00. The company’s shares closed yesterday at $457.87.
According to TipRanks, Akers is a 5-star analyst with an average return of 16.4% and an 80.68% success rate. Akers covers the Industrials sector, focusing on stocks such as L3Harris Technologies, Boeing, and General Dynamics.
Currently, the analyst consensus on Lockheed Martin is a Hold with an average price target of $484.63.
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The company has a one-year high of $497.80 and a one-year low of $390.98. Currently, Lockheed Martin has an average volume of 1.35M.
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Lockheed Martin (LMT) Company Description:
Headquartered in Bethesda, Maryland, Lockheed Martin Corp. is a global security and aerospace company and is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The majority of Lockheed Martin’s business is with the U.S. Department of Defense and U.S. federal government agencies. Lockheed Martin’s business is also comprised of international government and commercial sales of products, services and platforms. The company’s operating units are divided into four categories including, Aeronautics, Missiles and Fire Control, Rotary and Mission Systems and Space Systems.
Read More on LMT:
- Lockheed Martin awarded $107.48M Navy contract order
- Lockheed Martin awarded $141.51M Navy contract modification
- M & A News: Bezos’ Blue Origin Competes to Acquire Musk’s SpaceX Rival
- Lockheed Martin awarded $220.74M Navy contract modification
- Lockheed Martin awarded $157.15M Missile Defense Agency contract modification
