Key Takeaways:
- Upgrade Alert: Morgan Stanley upgrades Lockheed Martin (LMT, Financial) to "overweight," boosting the price target to $575.
- Analyst Consensus: Average price target presents a 10.59% upside potential.
- Fair Value Insight: GF Value estimates a 17.96% upside, reinforcing investment potential.
Lockheed Martin's (NYSE: LMT) stock experienced a notable rise following Morgan Stanley's recent upgrade to "overweight." The firm also elevated its price target from $525 to $575, citing an optimistic future for the defense sector.
Wall Street Analyst Forecasts
According to projections from 19 analysts, the average one-year price target for Lockheed Martin Corp (NYSE: LMT) is set at $527.62. The estimates range from a high of $670.00 to a low of $424.00. This average target suggests a potential upside of 10.59% from the current stock price of $477.08. Investors can explore more detailed projections on the Lockheed Martin Corp (LMT, Financial) Forecast page.
Brokerage Recommendations
The consensus among 25 brokerage firms positions Lockheed Martin Corp (NYSE: LMT) with an average recommendation score of 2.4, indicating an "Outperform" status. This rating is derived from a scale of 1 to 5, where 1 signifies a "Strong Buy" and 5 indicates a "Sell."
GuruFocus Value Estimation
Based on GuruFocus's proprietary calculations, the forecasted GF Value for Lockheed Martin Corp (NYSE: LMT) in the coming year is $562.76. This estimation suggests a potential upside of 17.96% from the current market price of $477.08. The GF Value represents the fair value at which the stock should trade, calculated through historical trading multiples, past business growth, and future performance estimations. For a deeper dive into these calculations, visit the Lockheed Martin Corp (LMT, Financial) Summary page.
