In a report released yesterday, Noah Poponak from Goldman Sachs maintained a Sell rating on Northrop Grumman (NOC – Research Report). The company’s shares closed yesterday at $488.06.
According to TipRanks, Poponak is a 2-star analyst with an average return of 0.0% and a 44.05% success rate. Poponak covers the Industrials sector, focusing on stocks such as Boeing, Hexcel, and CAE.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northrop Grumman with a $526.63 average price target.
NOC market cap is currently $70.32B and has a P/E ratio of 35.09.
Based on the recent corporate insider activity of 49 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NOC in relation to earlier this year.
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.
Northrop Grumman (NOC) Company Description:
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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