Raytheon Company (RTN) Is At $190.23 Formed Wedge; KT (KT) Covered By 3 Bulls

Raytheon Company (RTN) formed wedge up with $207.35 target or 9.00% above today’s $190.23 share price. Raytheon Company (RTN) has $54.99 billion valuation. The stock increased 0.07% or $0.14 during the last trading session, reaching $190.23. About 1.24 million shares traded. Raytheon Company (NYSE:RTN) has risen 24.03% since January 7, 2017 and is uptrending. It has outperformed by 7.33% the S&P500.

Among 4 analysts covering KT (NYSE:KT), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. KT had 4 analyst reports since September 16, 2015 according to SRatingsIntel. The rating was downgraded by Goldman Sachs on Tuesday, October 6 to “Neutral”. The stock has “Buy” rating by HSBC on Wednesday, April 27. The stock of KT Corporation (NYSE:KT) earned “Outperform” rating by Macquarie Research on Wednesday, September 16. Nomura upgraded the shares of KT in report on Friday, July 28 to “Buy” rating. See KT Corporation (NYSE:KT) latest ratings:

28/07/2017 Broker: Nomura Old Rating: Neutral New Rating: Buy Upgrade

KT Corporation provides telecommunications services in Korea. The company has market cap of $6.80 billion. The firm offers fixed-line telephone services, including local, domestic long-distance, and international long-distance fixed-line and voice over Internet protocol telephone services, as well as interconnection services; Internet phone services; broadband Internet access and other Internet-related services, including Internet protocol television services; and data communication services, including leased line and dedicated broadband Internet connection services to institutional customers. It has a 12.42 P/E ratio. It also provides mobile voice and data telecommunications services; and credit card processing and other financial services, as well as sells mobile handsets.

The stock increased 1.86% or $0.29 during the last trading session, reaching $15.88. About 514,949 shares traded. KT Corporation (NYSE:KT) has risen 15.78% since January 7, 2017 and is uptrending. It has underperformed by 0.92% the S&P500.

Investors sentiment increased to 1.86 in 2017 Q3. Its up 0.30, from 1.56 in 2017Q2. It increased, as 8 investors sold KT Corporation shares while 34 reduced holdings. 30 funds opened positions while 48 raised stakes. 103.21 million shares or 11.24% less from 116.28 million shares in 2017Q2 were reported. Ameriprise Inc holds 15,984 shares or 0% of its portfolio. Quantbot Limited Partnership reported 63,960 shares stake. Pnc Financial Grp Inc reported 0% in KT Corporation (NYSE:KT). Pacad Ltd holds 35,900 shares or 0.11% of its portfolio. 69,500 are owned by Lingohr & Partner Asset Mgmt Gmbh. 208,700 were accumulated by Dekabank Deutsche Girozentrale. Ativo Mngmt Ltd Liability Corp stated it has 0.25% in KT Corporation (NYSE:KT). Ftb holds 0% of its portfolio in KT Corporation (NYSE:KT) for 738 shares. Fmr Ltd Llc owns 532,812 shares. Aperio Gru Lc holds 0.12% or 1.50M shares. Wetherby Asset Mgmt Inc reported 51,909 shares or 0.11% of all its holdings. The New York-based Jpmorgan Chase & has invested 0% in KT Corporation (NYSE:KT). Rockefeller Finance Svcs has invested 0.45% in KT Corporation (NYSE:KT). Dimensional Fund L P has 0% invested in KT Corporation (NYSE:KT) for 490,382 shares. Kopernik Lc reported 1.55 million shares stake.

Analysts await Raytheon Company (NYSE:RTN) to report earnings on January, 25. They expect $2.03 EPS, up 7.98% or $0.15 from last year’s $1.88 per share. RTN’s profit will be $586.85 million for 23.43 P/E if the $2.03 EPS becomes a reality. After $1.97 actual EPS reported by Raytheon Company for the previous quarter, Wall Street now forecasts 3.05% EPS growth.

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. Scotia Inc accumulated 17,597 shares. Moreover, Northern Tru has 0.16% invested in Raytheon Company (NYSE:RTN). Meritage Port Mngmt invested 0.68% of its portfolio in Raytheon Company (NYSE:RTN). Retirement Of Alabama has 287,322 shares. The Pennsylvania-based Riggs Asset Managment Com Inc has invested 0.02% in Raytheon Company (NYSE:RTN). Hudock Capital Ltd Liability holds 0.04% or 455 shares in its portfolio. The Texas-based Next Grp has invested 0.11% in Raytheon Company (NYSE:RTN). Horan Capital Advisors Lc, Ohio-based fund reported 900 shares. The Ohio-based Johnson Counsel has invested 0.02% in Raytheon Company (NYSE:RTN). Baker Ellis Asset Ltd Limited Liability Company has 8,630 shares. Ruggie Capital Group accumulated 109 shares or 0.01% of the stock. Peddock Advsr Limited Company invested 0.05% of its portfolio in Raytheon Company (NYSE:RTN). Birmingham Al holds 18,850 shares or 1.4% of its portfolio. Country Tru Savings Bank, Illinois-based fund reported 253 shares. Advisory Service Limited Liability Co has invested 0.25% in Raytheon Company (NYSE:RTN).

Among 21 analysts covering Raytheon Company (NYSE:RTN), 17 have Buy rating, 1 Sell and 3 Hold. Therefore 81% are positive. Raytheon Company has $225.0 highest and $118 lowest target. $189.44’s average target is -0.42% below currents $190.23 stock price. Raytheon Company had 67 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, October 23 by Robert W. Baird. The stock of Raytheon Company (NYSE:RTN) earned “Buy” rating by Buckingham Research on Tuesday, October 31. The stock of Raytheon Company (NYSE:RTN) has “Outperform” rating given on Friday, October 27 by Wells Fargo. The stock of Raytheon Company (NYSE:RTN) has “Buy” rating given on Tuesday, September 29 by UBS. The stock has “Buy” rating by Credit Suisse on Monday, April 3. The firm earned “Buy” rating on Tuesday, April 11 by Cowen & Co. The firm earned “Buy” rating on Friday, September 29 by Jefferies. The rating was maintained by Deutsche Bank with “Hold” on Friday, October 23. As per Tuesday, August 8, the company rating was initiated by Morgan Stanley. The rating was maintained by Cowen & Co on Monday, July 17 with “Buy”.