This is what analysts have to say about Raytheon Company (NYSE:RTN) after last week.

January 21, 2018 - By Dolores Ford

 This is what analysts have to say about Raytheon Company (NYSE:RTN) after last week.
Investors sentiment increased to 1.21 in Q3 2017. Its up 0.09, from 1.12 in 2017Q2. It increased, as 42 investors sold Raytheon Company shares while 343 reduced holdings. 118 funds opened positions while 346 raised stakes. 205.51 million shares or 1.55% less from 208.75 million shares in 2017Q2 were reported.
Anchor Bolt Cap L P has 105,268 shares for 0.8% of their portfolio. Moreover, Oppenheimer Inc has 0.37% invested in Raytheon Company (NYSE:RTN). First Interstate Savings Bank stated it has 0.06% of its portfolio in Raytheon Company (NYSE:RTN). Caprock holds 0.05% or 1,299 shares in its portfolio. Mathes Inc, a New York-based fund reported 1,400 shares. Jupiter Asset Mgmt Ltd holds 0.2% of its portfolio in Raytheon Company (NYSE:RTN) for 31,969 shares. M&T Savings Bank Corp holds 0.08% of its portfolio in Raytheon Company (NYSE:RTN) for 76,769 shares. 4,339 were reported by Compton Capital Mngmt Ri. Foster & Motley holds 0.06% of its portfolio in Raytheon Company (NYSE:RTN) for 1,751 shares. Security Commercial Bank Of So Dak, a Iowa-based fund reported 1,600 shares. Penobscot Mngmt has 0.84% invested in Raytheon Company (NYSE:RTN). Inv Centers Of America has invested 0.04% in Raytheon Company (NYSE:RTN). Fulton State Bank Na holds 0.03% or 1,920 shares. 4.08 million are held by Financial Bank Of Mellon. Archford Cap Strategies Lc holds 0.16% in Raytheon Company (NYSE:RTN) or 2,353 shares.

Since August 14, 2017, it had 0 insider buys, and 4 sales for $1.08 million activity. On Monday, August 14 Clark Vernon E sold $149,378 worth of Raytheon Company (NYSE:RTN) or 829 shares. Jimenez Frank R also sold $121,723 worth of Raytheon Company (NYSE:RTN) shares. On Tuesday, January 2 Long Letitia A sold $120,790 worth of Raytheon Company (NYSE:RTN) or 650 shares.

Raytheon Company (NYSE:RTN) Ratings Coverage

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company had 70 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo with “Buy” on Tuesday, January 16. The stock of Raytheon Company (NYSE:RTN) earned “Peer Perform” rating by Wolfe Research on Friday, October 23. On Wednesday, November 15 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Buy” rating given on Friday, September 29 by Jefferies. On Thursday, October 26 the stock rating was maintained by Stifel Nicolaus with “Buy”. The stock has “Buy” rating by Wells Fargo on Tuesday, November 28. J.P. Morgan downgraded the stock to “Hold” rating in Tuesday, December 12 report. The company was upgraded on Thursday, November 12 by Argus Research. Bernstein maintained Raytheon Company (NYSE:RTN) rating on Monday, October 30. Bernstein has “Outperform” rating and $199 target. The firm has “Sell” rating by Zacks given on Monday, August 24. Below is a list of Raytheon Company (NYSE:RTN) latest ratings and price target changes.

16/01/2018 Broker: Wells Fargo Rating: Buy New Target: $215.0 Maintain
08/01/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $210.0 Maintain
08/01/2018 Broker: Jefferies Rating: Buy New Target: $220.0 Maintain
12/12/2017 Broker: J.P. Morgan Rating: Hold Downgrade
28/11/2017 Broker: Wells Fargo Rating: Buy New Target: $202.0 Maintain
15/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $225.0 Maintain
31/10/2017 Broker: Buckingham Research Rating: Buy Old Target: $199 New Target: $204 Maintain
30/10/2017 Broker: Bernstein Rating: Outperform Old Target: $188 New Target: $199 Maintain
30/10/2017 Broker: JP Morgan Rating: Overweight Old Target: $194 New Target: $190 Maintain
27/10/2017 Broker: Wells Fargo Rating: Outperform Old Target: $200 New Target: $195 Maintain

The stock increased 0.50% or $0.97 during the last trading session, reaching $196.68. About 1.23 million shares traded. Raytheon Company (NYSE:RTN) has risen 24.03% since January 21, 2017 and is uptrending. It has outperformed by 7.33% the S&P500.

Raytheon Company develops technologically integrated products, services, and solutions worldwide. The company has market cap of $56.86 billion. It operates through five divisions: Integrated Defense Systems ; Intelligence, Information and Services (IIS); Missile Systems (MS); Space and Airborne Systems (SAS); and Forcepoint. It has a 26.71 P/E ratio. The IDS segment provides integrated air and missile defense; land and sea radar solutions; command, control, communications, computers, cyber, and intelligence solutions; and naval combat and ship electronic systems.

More notable recent Raytheon Company (NYSE:RTN) news were published by: Bizjournals.com which released: “US aims to sell Raytheon missiles to Japan to counter North Korea threat” on January 10, 2018, also Nasdaq.com with their article: “Raytheon (RTN) Wins $634M Deal to Build Advanced AMRAAM” published on January 02, 2018, Nasdaq.com published: “Raytheon Company (RTN) Ex-Dividend Date Scheduled for January 02, 2018” on December 29, 2017. More interesting news about Raytheon Company (NYSE:RTN) were released by: Bizjournals.com and their article: “Why Raytheon is teaming with a Silicon Valley firm to prep modern warfighters …” published on December 27, 2017 as well as Prnewswire.com‘s news article titled: “Raytheon awarded contract worth more than $1.5 billion for additional Patriot …” with publication date: January 09, 2018.

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