- Lockheed Martin and Bristow Group have signed a significant deal to support the S-92 helicopter fleet.
- Analysts predict a potential 12.99% upside for Lockheed Martin's stock price.
- Lockheed Martin is rated as "Outperform" by major brokerage firms.
Lockheed Martin (LMT, Financial), a leader in aerospace, and Bristow Group (VTOL), a prominent player in vertical flight solutions, have embarked on a strategic partnership designed to fortify support for Bristow's international fleet of S-92 helicopters. This comprehensive agreement incorporates Sikorsky's Total Assurance Program, aimed at stabilizing operating costs while minimizing unforeseen expenditures throughout the upcoming decade.
Wall Street Analysts' Predictions
Current analyst projections for Lockheed Martin Corp (LMT, Financial) suggest an average target price of $527.46 over the next year, with a potential high of $670.00 and a low estimate of $424.00. This average target represents a potential upside of 12.99% from the present stock price of $466.81. To explore more detailed forecast data, visit the Lockheed Martin Corp (LMT) Forecast page.
Brokerage Firm Recommendations
Lockheed Martin Corp (LMT, Financial) has garnered an average brokerage recommendation of 2.4, which classifies the stock as "Outperform" according to 25 brokerage firms. This rating resides on a scale from 1 to 5, where 1 signifies a Strong Buy and 5 indicates Sell.
Evaluating Lockheed Martin's GF Value
According to GuruFocus estimates, Lockheed Martin Corp (LMT, Financial) has a projected GF Value of $560.12 in one year, indicating a potential upside of 19.99% from the current stock price of $466.81. The GF Value is a proprietary metric that reflects the stock's fair trading value. It is determined based on historical trading multiples, past company growth, and projected business performance. For more in-depth data, visit the Lockheed Martin Corp (LMT) Summary page.
