- Raytheon (RTX, Financial) secures a $279.2 million U.S. Army contract for the Phalanx Weapon System.
- Analysts offer a one-year average price target of $141.26 for RTX Corp.
- RTX's estimated GF Value suggests a potential downside of 6.75% at current price levels.
Raytheon (RTX) has been awarded a significant contract valued at $279.2 million by the U.S. Army to provide essential functional management support for the Phalanx Weapon System. This pivotal work is managed by the Army Contracting Command in Alabama and is projected to be completed by July 7, 2030.
Analyst Price Targets and Projections
As per insights from 21 analysts, RTX Corp's (RTX, Financial) one-year average price target is calculated at $141.26. Notably, estimates range from a high of $162.00 to a low of $99.00. This average target implies a downside of 2.35% from the current price of $144.66. For additional details, you can explore the RTX Corp (RTX) Forecast page.
Brokerage Recommendations
The consensus recommendation from 25 brokerage firms places RTX Corp's (RTX, Financial) average recommendation at 2.2, signifying an "Outperform" status. This rating uses a scale from 1 to 5, where 1 indicates a Strong Buy and 5 represents a Sell.
GF Value Insights
According to GuruFocus estimates, the GF Value for RTX Corp (RTX, Financial) in one year is projected at $134.90, suggesting a potential downside of 6.75% from the current price of $144.66. The GF Value is a metric that reflects the fair trading value of the stock based on historical trading multiples, past business growth, and future performance forecasts. For a more in-depth view, visit the RTX Corp (RTX) Summary page.
