- RTX Corporation (RTX, Financial) holds a strong recommendation of 1.91, signaling a "Buy" status based on assessments from 23 firms.
- The stock's Zacks Rank is #2 (Buy) due to a recent 0.2% upward earnings revision.
- Analysts predict a potential 17.88% upside with an average target price of $138.44.
RTX Corporation (RTX) is attracting positive attention in the stock market, reflected by its "Buy" average brokerage recommendation of 1.91. This favorable rating results from evaluations by 23 firms, with many analysts categorizing RTX as a "Strong Buy." Adding to the optimism, RTX has experienced a recent 0.2% increase in earnings estimates, earning it a Zacks Rank #2 (Buy).
Wall Street Analysts Forecast
According to projections from 21 analysts, the one-year price targets for RTX Corp (RTX, Financial) average out to $138.44. The range of these forecasts spans from a high of $160.00 to a low of $87.00, promising a potential upside of 17.88% from the current trading price of $117.45. Investors looking for deeper insights can visit the RTX Corp (RTX) Forecast page.
The broader consensus from 26 brokerage firms rates RTX Corp (RTX, Financial) as "Outperform," with an average brokerage recommendation of 2.3 on a scale where 1 indicates a "Strong Buy" and 5 suggests a "Sell." This broad agreement underlines the stock's promising trajectory.
Utilizing the esteemed GuruFocus estimates, the projected GF Value for RTX Corp (RTX, Financial) in the coming year is $134.50. This projection hints at a 14.52% upside from its current market price of $117.45. The GF Value reflects what GuruFocus deems the fair value of the stock, based on historical trading multiples, past business growth, and forward-looking business performance estimates. For additional analysis and data points, investors are encouraged to explore the RTX Corp (RTX) Summary page.
