Huntington Ingalls Industries (NYSE:HII) Lowered to “Sell” at ValuEngine
Huntington Ingalls Industries (NYSE:HII) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Monday, ValuEngine reports.
Several other research firms also recently weighed in on HII. UBS Group increased their price objective on Huntington Ingalls Industries from $275.00 to $300.00 and gave the company a “buy” rating in a report on Friday. Bank of America cut their price target on Huntington Ingalls Industries from $305.00 to $275.00 and set a “buy” rating for the company in a research note on Tuesday, August 6th. Alembic Global Advisors upgraded Huntington Ingalls Industries from a “neutral” rating to an “overweight” rating in a research note on Monday, August 5th. Finally, Buckingham Research cut their price target on Huntington Ingalls Industries from $295.00 to $265.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. Huntington Ingalls Industries presently has an average rating of “Hold” and a consensus target price of $249.30.
Shares of HII stock traded up $0.69 during trading hours on Monday, hitting $251.90. The stock had a trading volume of 300,682 shares, compared to its average volume of 312,023. The firm has a market capitalization of $9.56 billion, a PE ratio of 13.20 and a beta of 1.19. Huntington Ingalls Indust....