Aerojet Rocketdyne (AJRD) Stock Forecast, Price Target & Predictions
AJRD Stock Forecast
Aerojet Rocketdyne stock forecast is as follows: an average price target of $58.00 (represents a 0.02% upside from AJRD’s last price of $57.99) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.
AJRD Price Target
The average price target for Aerojet Rocketdyne (AJRD) is $58.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $58.00 to $58.00. This represents a potential 0.02% upside from AJRD's last price of $57.99.
AJRD Analyst Ratings
According to 1 Wall Street analysts, Aerojet Rocketdyne's rating consensus is 'Hold'. The analyst rating breakdown for AJRD stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Aerojet Rocketdyne Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 20, 2022 | - | J.P. Morgan | $58.00 | $55.55 | 4.40% | 0.02% |
| Dec 19, 2022 | Greg Konrad | Jefferies | $58.00 | $54.89 | 5.67% | 0.02% |
The latest Aerojet Rocketdyne stock forecast, released on Dec 20, 2022 by J.P. Morgan company, set a price target of $58.00, which represents a 4.40% increase from the stock price at the time of the forecast ($55.55), and a 0.02% increase from AJRD last price ($57.99).
Aerojet Rocketdyne Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $57.99 | $57.99 | $57.99 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Aerojet Rocketdyne stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Aerojet Rocketdyne's last price of $57.99. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Dec 19, 2022 | Jefferies | - | Hold | Downgrade |
Aerojet Rocketdyne's last stock rating was published by Jefferies on Dec 19, 2022. The company Downgrade its AJRD rating from "null" to "Hold".
Aerojet Rocketdyne Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AIR | AAR | $67.64 | $80.00 | 18.27% | Buy |
| HXL | Hexcel | $60.84 | $69.82 | 14.76% | Hold |
| MRCY | Mercury Systems | $38.02 | $43.33 | 13.97% | Buy |
| LHX | L3Harris | $229.77 | $245.80 | 6.98% | Buy |
| AJRD | Aerojet Rocketdyne | $57.99 | $58.00 | 0.02% | Hold |
| CW | Curtiss-Wright | $309.95 | $310.00 | 0.02% | Buy |
| AVAV | AeroVironment | $192.11 | $191.57 | -0.28% | Buy |
| TXT | Textron | $87.70 | $85.33 | -2.70% | Buy |
| DCO | Ducommun | $64.74 | $60.00 | -7.32% | Buy |
| MOG-A | Moog | $196.88 | $131.00 | -33.46% | Buy |
AJRD Forecast FAQ
Is Aerojet Rocketdyne a good buy?
No, according to 1 Wall Street analysts, Aerojet Rocketdyne (AJRD) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of AJRD's total ratings.
What is AJRD's price target?
Aerojet Rocketdyne (AJRD) average price target is $58 with a range of $58 to $58, implying a 0.02% from its last price of $57.99. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Aerojet Rocketdyne stock go up soon?
According to Wall Street analysts' prediction for AJRD stock, the company can go up by 0.02% (from the last price of $57.99 to the average price target of $58), up by 0.02% based on the highest stock price target, and up by 0.02% based on the lowest stock price target.
Can Aerojet Rocketdyne stock reach $90?
AJRD's average twelve months analyst stock price target of $58 does not support the claim that Aerojet Rocketdyne can reach $90 in the near future.