Canaccord Genuity Issues a Hold Rating on Rockwell Collins

By Carrie Williams

Canaccord Genuity analyst Kenneth Herbert reiterated a Hold rating on Rockwell Collins (NYSE: COL) today and set a price target of $90. The company’s shares closed yesterday at $98.04.

According to, Herbert is a 4-star analyst with an average return of 6.5% and a 50.9% success rate. Herbert covers the Industrial Goods sector, focusing on stocks such as Transdigm Group Inc, CPI Aerostructures, and Spirit AeroSystems.

Currently, the analyst consensus on Rockwell Collins is Moderate Buy and the average price target is $110.38, representing a 12.6% upside.

In a report issued on April 17, Jefferies also reiterated a Hold rating on the stock with a $108 price target.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. Last month, Jeffrey Standerski, the Sr. VP, Information Mgmt. Serv of COL sold 2,767 shares for a total of $223,186.

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Rockwell Collins, Inc. manufactures communication and aviation electronic products. The company operates its business through following segments: Commercial Systems, Government Systems and Information Management Services. The Commercial Systems segment supplies aviation electronics systems, products and services to customers located throughout the world. The Government Systems segment provides a broad range of electronic products, systems and services to customers including the U.S. Department of Defense, other ministries of defense, other government agencies and defense contractors around the world. The Information Management Services segment provides communications, systems integration and security solutions across the aviation, airport, rail, transit and nuclear security markets to customers located around the world, which includes commercial airlines, business. Rockwell Collins was founded by Arthur A. Collins on September 22, 1933 and is headquartered in Cedar Rapids, IA.