Harris Corporation ($HRS) Cautious Buy or Hold to $46 Confident Investor Rating: Fair

Company name Harris Corporation
Stock ticker HRS
Live stock price [stckqut]HRS[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Fair
Sales growth Fair
EPS growth Fair
P/E growth Poor
EBIT growth Good
ANALYSIS
Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $45.06
Target stock price (averages with growth) $55.13
Target stock price (averages with no growth) $50.94
Target stock price (manual assumptions) $41.27

The following company description is from Google Finance: http://www.google.com/finance?q=hrs

Harris Corporation (Harris), together with its subsidiaries, is an international communications and information technology company serving government and commercial markets in more than 150 countries. The Company operates in three segments: RF Communications segment, Government Communications Systems segment and Broadcast Communications segment. Its RF Communications segment consists of its tactical radio communications and public safety and professional communications businesses. Its Government Communications Systems segment consists of its defense programs, national intelligence programs, civil programs and information technology (it) services businesses. Its Broadcast Communications segment consists of its workflow, infrastructure and networking solutions, media and transmission systems businesses. On May 28, 2010, the Company acquired privately held SignaCert, Inc. In April 2011, the Company completed the acquisition of Global Connectivity Services business.

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

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