Leidos (LDOS) has an average brokerage recommendation (ABR) of 1.29, indicating a strong buy, based on assessments from 14 brokerage firms. Of these, 12 analysts rated the stock as a Strong Buy, comprising 85.7% of total recommendations.
The Zacks Consensus Estimate for Leidos’ earnings per share has seen a 1.2% increase over the past month, now standing at $8.95. This positive revision contributes to a Zacks Rank of #2 (Buy) for the company, suggesting potential for stock price growth.
Despite the favorable brokerage ratings, caution is advised as studies show these recommendations often reflect a positive bias due to analysts’ vested interests, making independent research crucial for investment decisions.
