BAE Systems (LON:BA) Stock Rating Reaffirmed by Deutsche Bank

BAE Systems (LON:BA)‘s stock had its “buy” rating reiterated by research analysts at Deutsche Bank in a report issued on Friday, ThisIsMoney.Co.Uk reports.

BA has been the topic of several other reports. Barclays reissued an “equal weight” rating and set a GBX 550 ($7.19) price target on shares of BAE Systems in a research note on Monday, September 9th. Berenberg Bank lifted their price target on shares of BAE Systems from GBX 560 ($7.32) to GBX 655 ($8.56) and gave the stock a “buy” rating in a research note on Monday, August 5th. UBS Group reissued a “neutral” rating on shares of BAE Systems in a research note on Thursday, September 12th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 530 ($6.93) price target on shares of BAE Systems in a research note on Wednesday, July 17th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 598.11 ($7.82).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

BAE Systems stock traded down GBX 4.40 ($0.06) during mid-day trading on Friday, hitting GBX 579.60 ($7.57). 4,483,730 shares of the company traded hands, compared to its average volume of 9,870,000. BAE Systems has a one year low of GBX 439.40 ($5.74) and a one year high of GBX 590.80 ($7.72). The stock has a market cap of $18.56 billion and a price-to-earnings ratio of 14.00. The company has a debt-to-equity ratio of 90.79, a quick ratio of 0.93 and a current ratio of 1.06. The stock has a fifty day moving average price of GBX 560.48 and a 200-day moving average price of GBX 520.78.

About BAE Systems

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

Featured Article: Stock Selection – What is cash flow?

Analyst Recommendations for BAE Systems (LON:BA)

Leave a Reply

Your email address will not be published. Required fields are marked *

*