Analysts Conflicted on These Conglomerates Names: United Technologies Corp (NYSE: UTX), Boeing (NYSE: BA) and L-3 Communications (NYSE: LLL)

By Ryan Adsit

Analysts have been eager to weigh in on the Conglomerates sector with new ratings on United Technologies Corp (NYSE: UTX), Boeing (NYSE: BA) and L-3 Communications (NYSE: LLL).

United Technologies Corp (NYSE: UTX)

Jefferies analyst Stephen Volkmann reiterated a Buy rating on United Technologies Corp (NYSE: UTX) yesterday and set a price target of $132. The company’s shares closed yesterday at $121.27, close to its 52-week high of $122.84.

According to TipRanks.com, Volkmann is a top 100 analyst with an average return of 16.2% and a 71.4% success rate. Volkmann covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Illinois Tool Works, and Titan International.

United Technologies Corp has an analyst consensus of Moderate Buy, with a price target consensus of $126.67.

Boeing (NYSE: BA)

In a report released yesterday, Howard Rubel from Jefferies reiterated a Buy rating on Boeing (NYSE: BA), with a price target of $200. The company’s shares closed yesterday at $186.88, close to its 52-week high of $187.61.

According to TipRanks.com, Rubel is a top 25 analyst with an average return of 18.2% and a 84.1% success rate. Rubel covers the Industrial Goods sector, focusing on stocks such as American Outdoor Brands Corp, United Technologies Corp, and Honeywell International.

Currently, the analyst consensus on Boeing is Moderate Buy and the average price target is $190.83, representing a 2.1% upside.

In a report issued on May 16, Cowen & Co. also reiterated a Buy rating on the stock with a $215 price target.
L-3 Communications (NYSE: LLL)

In a report released yesterday, Sheila Kahyaoglu from Jefferies reiterated a Hold rating on L-3 Communications (NYSE: LLL), with a price target of $170. The company’s shares closed yesterday at $166.14.

According to TipRanks.com, Kahyaoglu is a 4-star analyst with an average return of 6.5% and a 65.5% success rate. Kahyaoglu covers the Industrial Goods sector, focusing on stocks such as Honeywell International, Transdigm Group Inc, and Rockwell Collins.

L-3 Communications has an analyst consensus of Moderate Buy, with a price target consensus of $179.57.

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