Jefferies (NYSE:JEF) analyst Sheila Kahyaoglu maintained a Buy rating on Raytheon Technologies on Monday, setting a price target of $105, which is approximately 17.62% above the present share price of $89.27.
Kahyaoglu expects Raytheon Technologies to post earnings per share (EPS) of $0.69 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Raytheon Technologies, with an average price target of $103.
The analysts price targets range from a high of $110 to a low of $96.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $15.88 billion and a net profit of $1.28 billion. The company's market cap is $134.61 billion.
According to TipRanks.com, Jefferies analyst Sheila Kahyaoglu is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.0% and a 63.07% success rate.
Based in Massachusetts, Raytheon Technologies Corporation, an aerospace and defense company, provides advanced systems and services for commercial, military, and government customers worldwide. The company operates through four business segments, including Collins Aerospace Systems, Pratt & Whitney, Raytheon (NYSE:RTN) Intelligence & Space and Raytheon Missiles & Defense. The company was formed in April 2020, through the combination of Raytheon company and the United Technologies Corporation (NYSE:RTX) aerospace businesses.