Shares of Raytheon Technologies Corporation (NYSE:RTX) traded at a new 52-week high today of $93.74. So far today approximately 2.1 million shares have been exchanged, as compared to an average 30-day volume of 5.4 million shares.
There is potential upside of 0.0% for shares of Raytheon Technologies Corporation based on a current price of $92.50 and an average consensus analyst price target of $92.52.
Over the past year, Raytheon Technologies Corporation has traded in a range of $69.37 to $93.74 and is now at $92.50, 33% above that low.
Raytheon Technologies is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to the commercial aerospace manufactures and to the defense market as a prime and subprime contractor. The company operates in four segments: Pratt & Whitney, an engine manufacturer, Collins Aerospace, which is a diversified aerospace supplier, and intelligence, space and airborne systems, a mix between a sensors business and a government IT contractor, and integrated defense and missile systems, a defense prime contractor focusing on missiles and missile defense hardware.
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