Elbit Systems (ESLT) Gets a Hold from J.P. Morgan
In a report released on November 18, Seth Seifman from J.P. Morgan maintained a Hold rating on Elbit Systems, with a price target of $530.00. The company’s shares closed yesterday at USD166,300.00.
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Seifman covers the Industrials sector, focusing on stocks such as Boeing, Elbit Systems, and Transdigm Group. According to TipRanks, Seifman has an average return of 15.4% and a 69.81% success rate on recommended stocks.
Elbit Systems has an analyst consensus of Moderate Buy, with a price target consensus of $530.00.
Based on Elbit Systems’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of USD1.97 billion and a net profit of USD125.7 million. In comparison, last year the company earned a revenue of USD1.63 billion and had a net profit of USD78.37 million
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