RADA Electronic Industries Ltd. – Consensus indicates a potential increase of 28.2%
RADA Electronic Industries Ltd. found using ticker (RADA) now have 2 total analysts covering the stock. The consensus rating is “Strong_Buy”. The target price varies between 14 and 9 by calculating the average target price that we see 11.5. With the stock’s previous close at 8.97, this indicates that there is a potential upside of 28.2%. The 50 day moving average is now at 8.04 and the 200 day MA is 6.88. The company has a market capitalization of $ 417 million. For more information, visit: http://www.rada.com
RADA Electronic Industries Ltd. develops, manufactures, markets and sells defense electronics to various air forces and companies around the world. It offers military avionics systems, in particular flight data recorders for fighter aircraft; digital video / audio / data recorders; high definition digital video / audio / data recording for fighter and trainer aircraft; a range of head-up color video cameras for fighter aircraft; and various ground debriefing solutions. The company also provides avionics solutions, such as mission data recorders and debriefing solutions and HUD video cameras; avionics for unmanned aerial vehicles (UAVs) including interface control processors, engine control computers, payload management computers and the like; and multi-sensor assisted inertial navigation systems (INS) based on compact MEMS for UAVs and standby INS for manned aircraft. In addition, it offers tactical ground radars for the defense forces and solutions for the protection of critical infrastructure. The company has strategic relationships with Embraer SA, Hindustan Aeronautics Ltd., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Rafael Advanced Defense Systems Ltd., Elbit Systems Ltd., Leonardo DRS, Ascent Vision Technologies and Boeing Defense, Space & Security . RADA Electronic Industries Ltd. was founded in 1970 and is headquartered in Netanya, Israel.
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