Northrop Grumman's Wise Move to Pick Up Orbital ATK
In this MarketFoolery podcast segment, host Chris Hill and Stock Advisor Canada's Taylor Muckerman discuss the big deal in the aerospace and defense sector: Northrop Grumman's (NYSE: NOC) cash bid for Orbital ATK (NYSE: OA). The two companies have a lot in common, but their actual products don't have much overlap, which should make this a complementary deal. And in the view of some notable Fools, the space business is a good place to be.
A full transcript follows the video.
Source: Fool.com
Northrop Grumman Corp. Stock
€441.40
0.020%
We see a rather positive sentiment for Northrop Grumman Corp. with 11 Buy predictions and 1 Sell predictions.
As a result the target price of 523 € shows a slightly positive potential of 18.49% compared to the current price of 441.4 € for Northrop Grumman Corp..
