Mercury Systems (MRCY) Receives a Buy from RBC Capital

In a report issued on July 31, Kenneth Herbert from RBC Capital maintained a Buy rating on Mercury Systems (MRCYResearch Report), with a price target of $72.00. The company’s shares closed last Monday at $59.35.

According to, Herbert is a 5-star analyst with an average return of 18.7% and a 60.8% success rate. Herbert covers the Technology sector, focusing on stocks such as Raytheon Technologies, Spirit AeroSystems, and Maxar Technologies.

Mercury Systems has an analyst consensus of Strong Buy, with a price target consensus of $70.00.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $72.28 and a one-year low of $44.44. Currently, Mercury Systems has an average volume of 432.9K.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Mercury Systems, Inc. engages in the provision of secure sensor and safety critical mission processing subsystems. It offer products under the following categories: Components, Modules and Sub-Assemblies, and Integrated Subsystems. The Components category refers to technology elements typically performing a single, discrete technological function, which when physically combined with other components may be used to create a module or sub-assembly. The Modules and Sub-Assemblies category includes combinations of multiple functional technology elements and components that work together to perform multiple functions, but are typically resident on or within a single board or housing. The Integrated Subsystems category covers multiple modules and sub-assemblies combined with a backplane or similar functional element and software to enable a solution. The company was founded on July 14, 1981 and is headquartered in Andover, MA.

Read More on MRCY:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More