Shares of Elbit Systems Ltd (NASDAQ:ESLT) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Brokers have set a 1 year consensus price objective of $131.00 for the company, according to Zacks. Zacks has also given Elbit Systems an industry rank of 102 out of 265 based on the ratings given to related companies.
Several research analysts have recently issued reports on ESLT shares. ValuEngine upgraded Elbit Systems from a “hold” rating to a “buy” rating in a research report on Wednesday, September 6th. Standpoint Research lowered Elbit Systems from an “accumulate” rating to a “hold” rating in a research report on Thursday, October 5th. Zacks Investment Research upgraded Elbit Systems from a “hold” rating to a “strong-buy” rating and set a $176.00 price target on the stock in a research report on Tuesday, October 17th. Finally, BidaskClub lowered Elbit Systems from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 12th.
Shares of Elbit Systems (NASDAQ:ESLT) opened at $133.31 on Friday. The company has a market capitalization of $5,750.00, a price-to-earnings ratio of 21.19 and a beta of 0.58. Elbit Systems has a 52 week low of $100.40 and a 52 week high of $153.13. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.26 and a quick ratio of 0.82.
Institutional investors have recently modified their holdings of the company. Canada Pension Plan Investment Board bought a new stake in shares of Elbit Systems in the third quarter valued at about $882,000. Goldman Sachs Group Inc. lifted its holdings in shares of Elbit Systems by 191.9% in the second quarter. Goldman Sachs Group Inc. now owns 29,112 shares of the aerospace company’s stock valued at $3,602,000 after purchasing an additional 19,140 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Elbit Systems by 6.5% in the second quarter. Vanguard Group Inc. now owns 526,881 shares of the aerospace company’s stock valued at $65,202,000 after purchasing an additional 32,258 shares in the last quarter. The Manufacturers Life Insurance Company bought a new stake in shares of Elbit Systems in the second quarter valued at about $1,269,000. Finally, Lenox Wealth Management Inc. lifted its holdings in shares of Elbit Systems by 28.9% in the third quarter. Lenox Wealth Management Inc. now owns 4,440 shares of the aerospace company’s stock valued at $653,000 after purchasing an additional 996 shares in the last quarter. Institutional investors own 11.14% of the company’s stock.
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About Elbit Systems
Elbit Systems Ltd. is an international technology company engaged in a range of programs across the world. The Company develops and supplies a portfolio of airborne, land and naval systems and products for defense, homeland security and commercial aviation applications. Its systems and products are installed on new platforms, and it also performs platform modernization programs.
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