Credit Suisse Upgrades Rockwell Collins to Outperform

Brokerage firm Credit Suisse Upgrades its rating on Rockwell Collins(COL). The shares have been rated Outperform. Previously, the analysts had a Neutral rating on the shares. The rating by the stock financial advisor at Credit Suisse was issued on Mar 20, 2017 in a research report to their Investors and Clients.

In a different note, On Mar 13, 2017, Morgan Stanley said it Upgrades its rating on Rockwell Collins. According to the research note, Morgan Stanley Raises the price target to $121 per share from a prior target of $94. The shares have been rated ‘Overweight’ by the firm. SunTrust Robinson Humphrey said it Initiates Coverage On Rockwell Collins, according to a research note issued on Jan 19, 2017. In the research note, the firm Announces the price-target to $101 per share. The shares have been rated ‘Hold’ by the firm.

Rockwell Collins (COL) made into the market gainers list on Wednesdays trading session with the shares advancing 0.16% or 0.16 points. Due to strong positive momentum, the stock ended at $97.44, which is also near the day’s high of $97.68. The stock began the session at $97.25 and the volume stood at 9,94,787 shares. The 52-week high of the shares is $99.85 and the 52 week low is $78.54. The company has a current market capitalization of $12,720 M and it has 13,05,40,841 shares in outstanding.

Rockwell Collins(COL) last announced its earnings results on Jan 20, 2017 for Fiscal Year 2017 and Q1.Company reported revenue of $1.193B. Analysts had an estimated revenue of $1.200B. Earnings per share were $1.2. Analysts had estimated an EPS of $1.16.

Several Insider Transactions has been reported to the SEC. On Mar 16, 2017, Patrick E Allen (Sr. VP and CFO) sold 4,000 shares at $98.38 per share price.Also, On Mar 15, 2017, Jeffrey A. Standerski (Sr. VP, Human Resources) sold 2,017 shares at $98.78 per share price.On Mar 15, 2017, David J Nieuwsma (SR. VP, INFORMATION MGMT SVCS) sold 770 shares at $98.78 per share price, according to the Form-4 filing with the securities and exchange commission.

Rockwell Collins Inc. is engaged in design production and support of communications and aviation electronics for commercial and military customers around the world. The Company’s products and systems are focused on aviation applications. It operates in two segments: Government Systems and Commercial Systems. The Company’s Government Systems business provides a range of electronic products systems and services to customers. The Company’s Commercial Systems business supplies aviation electronics systems products and services to customers located throughout the world. Its integrated system solutions and products cater to a range of markets. It also provides a range of services and support including equipment repair and overhaul service parts and field service engineering. It enables wireless distribution of digital information aboard the aircraft. Its portfolio of cabin products and services allows airlines to stream video content to approximately 250 passengers simultaneously.

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