RBC Capital analyst Michael Eisen maintained a Buy rating on L3Harris Technologies (NYSE:LHX) on Monday, setting a price target of $208, which is approximately 4.00% above the present share price of $200.
Eisen expects L3Harris Technologies to post earnings per share (EPS) of $2.00 for the fourth quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in L3Harris Technologies, with an average price target of $219.38.
The analysts price targets range from a high of $248 to a low of $200.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $4.46 billion and a net profit of $494 million. The company's market cap is $42.02 billion.
According to TipRanks.com, RBC Capital analyst Michael Eisen is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.5% and a 38.82% success rate.
L3Harris Technologies, Inc. is an agile global aerospace and defense technology innovator, which engages in the provision of defense and commercial technologies across air, land, sea, space and cyber domains. It operates through the following segments: Integrated Mission Systems; Space and Airborne Systems; Communication Systems; and Aviation Systems. The Integrated Mission Systems segment include intelligence, surveillance, and reconnaissance; advanced electro optical and infrared; and maritime power and navigation. The Space and Airborne Systems segment comprises space payloads, sensors and full-mission solutions; classified intelligence and cyber defense; avionics; and electronic warfare. The Communication Systems segment consists tactical communications; broadband communications; L3's night vision; and public safety. The Aviation Systems segment compose defense aviation products; security, detection and other commercial aviation products; air traffic management; and commercial and military pilot training. The company was founded in 2019 and is headquartered in Melbourne, FL.