Jefferies Sticks to Its Hold Rating for Northrop (NOC)

Jefferies analyst Sheila Kahyaoglu maintained a Hold rating on Northrop (NOCResearch Report) on July 12 and set a price target of $500.00. The company’s shares closed last Thursday at $453.80.

According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 4.0% and a 54.9% success rate. Kahyaoglu covers the Technology sector, focusing on stocks such as Raytheon Technologies, L3Harris Technologies, and Spirit AeroSystems.

Northrop has an analyst consensus of Moderate Buy, with a price target consensus of $494.30.

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Northrop’s market cap is currently $70.89B and has a P/E ratio of 12.56.

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Virginia-based Northrop Grumman Corp. is a global aerospace and defense technology company. It operates through the following business segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems.

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