Wells Fargo Maintains Northrop Grumman (NOC) Equal-Weight Recommendation
Fintel reports that on September 18, 2023, Wells Fargo maintained coverage of Northrop Grumman (NYSE:NOC) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 17.64% Upside
As of August 31, 2023, the average one-year price target for Northrop Grumman is 509.94. The forecasts range from a low of 387.84 to a high of $645.75. The average price target represents an increase of 17.64% from its latest reported closing price of 433.49.
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The projected annual revenue for Northrop Grumman is 38,225MM, an increase of 0.91%. The projected annual non-GAAP EPS is 22.81.
Northrop Grumman Declares $1.87 Dividend
On August 16, 2023 the company declared a regular quarterly dividend of $1.87 per share ($7.48 annualized). Shareholders of record as of August 28, 2023 received the payment on September 13, 2023. Previously, the company paid $1.87 per share.