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).

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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.

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Analyst Recommendations for BAE Systems (LON:BA)

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