Industrial Goods Stocks Technical Reports -- Textron, Northrop Grumman, L-3 Communications, and TransDigm

NEW YORK, September 8, 2016 /PRNewswire/ --

This morning, Stock-Callers.com is focused on the Industrial Goods sector which has received a "Market Perform" rating from research firm Charles Schwab on Thursday, September 01, 2016. Equities under evaluation are: Textron Inc. (NYSE: TXT), Northrop Grumman Corp. (NYSE: NOC), L-3 Communications Holdings Inc. (NYSE: LLL), and TransDigm Group Inc. (NYSE: TDG). Today's research reports on the aforementioned stocks are downloadable for free upon registration at:

http://stock-callers.com/registration

Textron  

Providence, Rhode Island headquartered Textron Inc.'s stock finished Wednesday's session 0.25% higher at $40.81 with a total volume of 857,175 shares traded. The Company's shares have advanced 4.35% in the past month and 2.56% in the previous three months. The stock is trading 4.79% above its 50-day moving average and 7.37% above its 200-day moving average. Additionally, shares of Textron, which operates in the aircraft, defense, industrial, and finance businesses worldwide, have a Relative Strength Index (RSI) of 60.20.

On August 19th, 2016, Textron Systems Canada Inc., a Textron company, announced the delivery of the first Tactical Armoured Patrol Vehicle to the Canadian Army. The Canadian Army is fielding the first vehicles to the 5th Canadian Division Support Base Gagetown and the 2nd Canadian Division Support Base Valcartier. Visit us today and access our complete research report on TXT at:

http://stock-callers.com/registration/?symbol=TXT


Northrop Grumman  

On Wednesday, shares in Falls Church, Virginia-based Northrop Grumman Corp. recorded a trading volume of 782,981 shares. The stock ended the session 0.88% lower at $212.86. The Company's shares have advanced 14.17% on an YTD basis. The stock is trading 6.04% above its 200-day moving average. Moreover, shares of Northrop Grumman, which provides systems, products, and solutions in aerospace, electronics, information systems, and technical service areas to government and commercial customers worldwide, have an RSI of 41.75.

On August 25th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'. The research firm also revised upwards its previous target price from $225 a share to $231 a share.

On September 06th, 2016, Northrop Grumman announced that it has received an award from the U.S. Marine Corps for an additional nine AN/TPS-80 Ground/Air Task-Oriented Radar (G/ATOR) low rate initial production (LRIP) systems. Northrop Grumman is already on contract to provide six G/ATOR LRIP systems, the first of which will be delivered in February 2017. The complimentary report on NOC can be downloaded at:


http://stock-callers.com/registration/?symbol=NOC


L-3 Communications Holdings  

Shares in New York headquartered L-3 Communications Holdings Inc. closed the day 0.77% lower at $150.22. The stock recorded a trading volume of 238,211 shares. The Company's shares have gained 0.64% in the last month, 2.74% in the previous three months, and 27.70% on an YTD basis. The stock is trading 1.39% above its 50-day moving average and 16.15% above its 200-day moving average. Additionally, shares of L-3 Communications Holdings, which through its subsidiary, L-3 Communications Corp., provides aerospace systems, and a range of communication and electronic systems and products used on military and commercial platforms in the US and internationally, have an RSI of 54.62.

On September 06th, 2016, research firm Citigroup initiated a 'Buy' rating on the Company's stock.

On September 07th, 2016, L-3 Communications announced that it has entered into a contract to acquire Micreo Limited, a specialized Electronic Warfare subsystems provider in Australia. The acquisition is expected to be completed in September 2016 following the satisfaction of standard closing conditions. Following the acquisition, Micreo will be integrated into the Electronic Systems Segment and will be renamed L-3 Micreo. Micreo is projected to generate AUD$35 million (USD$27 million) in sales for the year ending December 31st, 2017 and to be accretive to L-3's earnings. Register for free on Stock-Callers.com and access the latest research report on LLL at:

http://stock-callers.com/registration/?symbol=LLL


TransDigm Group  

At the close, shares in Cleveland, Ohio-based TransDigm Group Inc. ended at $291.81, climbing 0.60%. The stock recorded a trading volume of 285,582 shares. The Company's shares have advanced 4.58% in the last one month, 10.13% over the previous three months, and 27.73% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.35% and 20.51%, respectively. Furthermore, shares of TransDigm Group, which through its subsidiaries, designs, produces, and supplies aircraft components in the US, have an RSI of 68.44.

On August 10th, 2016, research firm Deutsche Bank reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $260 a share to $300 a share.

On September 06th, 2016, TransDigm announced that it has entered into a definitive agreement to acquire Young & Franklin Inc. and its subsidiaries, including Tactair Fluid Controls Inc. The Company manufactures proprietary, highly engineered valves and actuators. The acquisition, subject to regulatory approvals and other customary closing conditions, is expected to close in Q4 FY16. Get free access to your research report on TDG at:

http://stock-callers.com/registration/?symbol=TDG

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