Summary:
- Goldman Sachs upgrades Northrop Grumman from 'Sell' to 'Neutral', raising the price target to $521.
- Analysts forecast an average price target of $553.16, with a potential upside of 19.19%.
- GuruFocus estimates suggest a one-year GF Value of $558.29, indicating a 20.3% upside potential.
Goldman Sachs has recently shifted its rating for Northrop Grumman Corporation (NOC, Financial), upgrading it from a 'Sell' to 'Neutral', and adjusting the price target to $521. This optimistic revision is largely due to the company's promising long-term growth prospects, driven by strategic projects like the B-21 Raider and significant contract victories with entities such as the Royal Australian Air Force and the U.S. Space Force.
Wall Street Analysts Forecast
In an analysis of one-year price targets from 21 financial analysts, Northrop Grumman Corp (NOC, Financial) carries an average target price of $553.16. This includes a high estimate of $625.00 and a low estimate of $480.00. With the current stock price standing at $464.08, this average target indicates a potential upside of 19.19%. For further details, visit the Northrop Grumman Corp (NOC) Forecast page.
The consensus from 25 brokerage firms suggests Northrop Grumman Corp's (NOC, Financial) average brokerage recommendation is 2.3, indicating an "Outperform" rating. The rating scale spans from 1, representing a 'Strong Buy', to 5, indicating 'Sell'.
GF Value Assessment
According to GuruFocus estimates, the projected GF Value for Northrop Grumman Corp (NOC, Financial) in one year is $558.29. This assessment suggests a promising upside of 20.3% from the current price of $464.08. GF Value offers an estimate of the stock's fair trading value, which is based on historical trading multiples, past business growth, and future business performance projections. More comprehensive data is accessible on the Northrop Grumman Corp (NOC) Summary page.
