RADA Electronic Industries Ltd. – Consensus Indicates Potential 43.9% Upside

Broker Ratings

RADA Electronic Industries Ltd. with ticker code (RADA) have now 4 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The target price ranges between 19 and 16 with a mean TP of 17. Given that the stocks previous close was at 11.81 this is indicating there is a potential upside of 43.9%. The day 50 moving average is 12.04 and the 200 moving average now moves to 8.7. The market cap for the company is $595m. Find out more information at: http://www.rada.com

RADA Electronic Industries Ltd., a defense technology company, develops, manufactures, markets, and sells defense electronics to various air forces and companies worldwide. It offers military avionic systems, including flight data recorders for fighter aircraft; digital video/audio/data recorders; high definition digital video/audio/data recording for fighter and trainer aircrafts; a range of head-up-displays 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 aircraft vehicles (UAVs) comprising interface control processors, engine control computers, payload management computers, and others; and inertial navigation systems for air and land applications. In addition, it offers land-based tactical radars for defense forces, critical infrastructure protection, border surveillance, active military protection, and counter-drone applications. RADA Electronic Industries Ltd. has strategic relationships with Embraer S.A.; Hindustan Aeronautics Ltd.; Israel Aerospace Industries Ltd.; Military Forces; Lockheed Martin Corporation; Rafael Advanced Defense Systems Ltd.; Elbit Systems Ltd.; Leonardo DRS; Anduril Industries Inc.; European Air Defense Integrators; Ascent Vision Technologies; and Boeing Defense, Space & Security. The company was founded in 1970 and is headquartered in Netanya, Israel.

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