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Leonardo DRS Inc has a consensus price target of $26.78 based on the ratings of 9 analysts. The high is $40 issued by Baird on October 31, 2024. The low is $14 issued by Vertical Research on November 30, 2022. The 3 most-recent analyst ratings were released by JP Morgan, Baird, and B of A Securities on November 4, 2024, October 31, 2024, and September 24, 2024, respectively. With an average price target of $34 between JP Morgan, Baird, and B of A Securities, there's an implied -7.46% downside for Leonardo DRS Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Leonardo DRS (NASDAQ:DRS) was reported by JP Morgan on November 4, 2024. The analyst firm set a price target for $32.00 expecting DRS to fall to within 12 months (a possible -12.90% downside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Leonardo DRS (NASDAQ:DRS) was provided by JP Morgan, and Leonardo DRS maintained their neutral rating.
There is no last upgrade for Leonardo DRS
The last downgrade for Leonardo DRS Inc happened on September 24, 2024 when B of A Securities changed their price target from $26 to $30 for Leonardo DRS Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Leonardo DRS, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Leonardo DRS was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Leonardo DRS (DRS) rating was a maintained with a price target of $29.00 to $32.00. The current price Leonardo DRS (DRS) is trading at is $36.74, which is out of the analyst’s predicted range.
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