Equities researchers at Citigroup Inc. upped their price objective on shares of Textron (NYSE:TXT) from $36.00 to $39.00 in a research report issued on Wednesday, Analyst Ratings.Net reports. The firm currently has a “neutral” rating on the stock. Citigroup Inc.’s price objective would indicate a potential upside of 2.71% from the stock’s previous close. Textron Inc. (NYSE:TXT) shares after opening at $38.96 moved to $39.81 on last trade day and at the end of the day closed at $39.54. Company price to sales ratio in past twelve months was calculated as 0.91 and price to cash ratio as 9.09. Textron Inc. (NYSE:TXT) showed a positive weekly performance of 4.13%.
Northrop Grumman Corp. (NYSE:NOC) new 400,000-square-foot Aircraft Integration Centre of Excellence in St. Augustine which will eventually add 400 jobs and more than $100 million in capital investment will be completed by next year. Northrop Grumman Corporation (NYSE:NOC) shares advanced 1.16% in last trading session and ended the day on $122.00. NOC return on equity ratio is recorded as 20.00% and its return on assets is 7.30%. Northrop Grumman Corporation (NYSE:NOC) yearly performance is 78.99%.
On April 11, 2014, GenCorp Inc. (NYSE:GY) changed its state of incorporation from the State of Ohio to the State of Delaware pursuant to a plan of conversion. Gencorp Inc. (NYSE:GY) shares moved down -0.75% in last trading session and was closed at $17.21, while trading in range of $17.11 – $17.50. Gencorp Inc. (NYSE:GY) year to date (YTD) performance is -4.50%.
Micronet Enertec Technologies, Inc. (NASDAQ:MICT), a developer and manufacturer that integrates and globally markets rugged computers, tablets and computer-based systems for the commercial Mobile Resource Management (MRM) market and for the defense and aerospace markets, on 11 April announced over $400,000 in orders for its A307 mobile computing device from new MRM customers. Micronet Enertec Technologies Inc. (NASDAQ:MICT) weekly performance is 2.54%. On last trading day company shares ended up $4.44. Micronet Enertec Technologies Inc. (NASDAQ:MICT) distance from 50-day simple moving average (SMA50) is -11.90%. Analysts mean target price for the company is $5.70.