Barclays Capital (BCS) Analysts Reiterate a 'Positive' Rating on Elbit Systems (ESLT)

 Source: ABMN Staff   |   Publish date: Thu, 17 Nov 2011, 5:29 PM   |    >> Read article in News website

Elbit Systems (NASDAQ: ESLT)‘s stock had its “positive” rating reaffirmed by equities research analysts at Barclays Capital (NYSE: BCS) in a research note issued to investors on Thursday.

Separately, analysts at Zacks Investment Research upgraded shares of Elbit Systems from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, August 19th.

Elbit Systems Ltd. (Elbit Systems) is an international defense electronics company engaged in a range of programs throughout the world. The Company operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR), unmanned aircraft systems (UAS), advanced electro-optics, electro-optic space systems, electronic warfare (EW) suites, airborne warning systems, electronic intelligence systems, data links, military communications systems and radios. It also focuses on the upgrading of existing military platforms and developing new technologies for defense, homeland security and commercial aviation applications. In February 2009, the Company acquired 100% of Shiron Communications (1996) Ltd., an Israeli company that provides products for the interactive multimedia broadband satellite market. In November 2009, the Company acquired BVR Systems (1998) Ltd.

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