Noble Financial analyst Joe Gomes maintained a Buy rating on Kratos Defense (KTOS – Research Report) today and set a price target of $22.00. The company’s shares closed yesterday at $18.76.
According to TipRanks, Gomes is a 4-star analyst with an average return of 5.9% and a 44.51% success rate. Gomes covers the Industrials sector, focusing on stocks such as Orion Group Holdings, Geo Group, and DLH Holdings.
Kratos Defense has an analyst consensus of Moderate Buy, with a price target consensus of $22.63, representing a 20.63% upside. In a report released today, RBC Capital also maintained a Buy rating on the stock with a $23.00 price target.
The company has a one-year high of $21.60 and a one-year low of $12.88. Currently, Kratos Defense has an average volume of 1.51M.
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Kratos Defense (KTOS) Company Description:
Kratos Defense & Security Solutions, Inc. engages in the provision of technology systems to the U.S. Department of Defense. It operates through the following segments: Kratos Government Solutions and Unmanned Systems. The Kratos Government Solutions segment includes microwave electronic products, satellite communications, modular systems, and rocket support operating. The Unmanned Systems segment consists of unmanned aerial system and unmanned ground & seaborne system businesses. The company was founded on December 19, 1994 and is headquartered in San Diego, CA.
Read More on KTOS:
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- Snap upgraded, Apple downgraded: Wall Street’s top analyst calls
- Kratos Defense upgraded to Strong Buy from Outperform at Raymond James
- Kratos Defense demonstrates fully virtualized SATCOM ground system
- Kratos Demonstrates Fully Virtualized SATCOM Ground System for U.S. Army Futures Command Over SES’s O3b MEO Constellation
