RBC Capital Reiterates a Hold Rating on Rockwell Collins

By Jason Carr

In a report released yesterday, Matthew W. McConnell from RBC Capital reiterated a Hold rating on Rockwell Collins (NYSE: COL), with a price target of $114. The company’s shares closed yesterday at $107.30, close to its 52-week high of $107.90.

According to TipRanks.com, McConnell is a 4-star analyst with an average return of 12.3% and a 81.8% success rate. McConnell covers the Industrial Goods sector, focusing on stocks such as Lincoln Electric Holdings, United Technologies Corp, and Honeywell International.

Currently, the analyst consensus on Rockwell Collins is Moderate Buy and the average price target is $114.82, representing a 7.0% upside.

In a report issued on May 22, Jefferies also reiterated a Hold rating on the stock with a $108 price target.

Rockwell Collins’ market cap is currently $14.08B and has a P/E ratio of 19.23. The company has a book value ratio of 5.8755.

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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.