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Lockheed Martin Shares Receive Consensus Hold as Analysts Adjust Targets

Lockheed Martin logoLockheed Martin
Sig1.77Sen+1.51Env0.00Soc0.00Gov0.00

Lockheed Martin shares earned a consensus Hold from 19 covering research firms, with an average 12-month price target of $632.39. TD Cowen cut its target to $560 while maintaining Hold; Citigroup raised its target to $691 and upgraded to Buy. The aerospace company reported quarterly EPS of $7.94, topping the $7.22 estimate, and its dividend payout ratio was 50.87%.

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