Impact of Brokerage Rating on L-3 Communications Holdings, Inc.(LLL)

Many L-3 Communications Holdings, Inc.(LLL) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Stifel on Jan 27, 2017 to Hold, Raises Price Target to $ 170 from a previous price target of $162 .L-3 Communications Holdings was Initiated by RBC Capital Mkts on Jan 12, 2017 to Sector Perform, Price Target of the shares are set at $159.L-3 Communications Holdings was Downgraded by BofA/Merrill to Neutral on Dec 8, 2016.

Company has reported several Insider transactions to the SEC, on Feb 2, 2017, Michael T Strianese (Chairman and CEO) sold 22,547 shares at 157.90 per share price.On Nov 14, 2016, Ralph Dambrosio (officer ) sold 9,000 shares at 150.75 per share price.On Aug 22, 2016, Arthur L Simon (director) sold 3,600 shares at 149.00 per share price.

L-3 Communications Holdings Last issued its quarterly earnings results on Jan 26, 2017. The company reported $2.38 EPS for the quarter, beating the analyst consensus estimate by $ 0.29. Analyst had a consensus of $2.09. The company had revenue of $2989.00 million for the quarter, compared to analysts expectations of $2776.57 million. The companys revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.16 EPS.

L-3 Communications Holdings, Inc. (NYSE:LLL) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 2.09 by 11 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 6 Brokerage Firms have advised hold.

L-3 Communications Holdings, Inc. (NYSE:LLL) stock has received a short term price target of $ 172.4 from 10 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $13.71. The higher estimate of target price is $201 , while the lower price target estimate is $159

L-3 Communications Holdings, Inc. (NYSE:LLL) rose 0.16% or 0.26 points on Tuesday and made its way into the gainers of the day. After trading began at $165.93 the stock was seen hitting $166.87 as a peak level and $165.32 as the lowest level. The stock ended up at $165.73. The daily volume was measured at 819,689 shares. The 52-week high of the share price is $166.87 and the 52-week low is $115.17. The company has a market cap of $12,812 million.

L3 Technologies, Inc. is engaged in providing communication and electronic systems and products used on military and commercial platforms. The companys operating business segment consists of Electronic Systems, Aerospace Systems and Communication Systems. Electronic Systems, provides products and services which includes components, products, subsystems, systems and related services to military and commercial customers. Aerospace Systems delivers solutions for the global ISR market and provides modernization, upgrade, sustainment, maintenance and logistics support for aircraft and ground systems. Communication Systems delivers products and services for the global communications market, space, ground and sea-based communication systems. It operates primarily in Australia, Canada, Huntsville, Korea, London, Saudi Arabia and Washington. L3 Technologies, Inc., formerly known as L-3 Communications Holdings, Inc., is headquartered in New York City.


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