Cowen & Co. Maintains a Buy Rating on Leidos Holdings (LDOS)

By Carrie Williams

In a report released today, Cai Rumohr from Cowen & Co. maintained a Buy rating on Leidos Holdings (LDOSResearch Report), with a price target of $70. The company’s shares closed on Friday at $63.37.

According to TipRanks.com, Rumohr is a top 100 analyst with an average return of 15.0% and a 72.4% success rate. Rumohr covers the Consumer Goods sector, focusing on stocks such as American Outdoor Brands Corp, General Dynamics Corp, and L3 Technologies Inc.

Leidos Holdings has an analyst consensus of Strong Buy, with a price target consensus of $70.67.

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Leidos Holdings’ market cap is currently $9.51B and has a P/E ratio of 19.20. The company has a Price to Book ratio of 2.75.

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Leidos Holdings, Inc. is a holding company, which engages in the provision of scientific, engineering, systems integration, and technical services and solutions in the areas of defense, health, energy, infrastructure, intelligence, surveillance, reconnaissance and cyber security to agencies.