BAE Systems plc (LON:BA)‘s stock had its “underweight” rating reissued by research analysts at Barclays PLC in a research report issued to clients and investors on Wednesday. They presently have a GBX 430 ($5.61) price objective on the stock. Barclays PLC’s target price would indicate a potential downside of 20.00% from the stock’s previous close.

A number of other equities research analysts have also recently commented on the company. Jefferies Group reiterated a “buy” rating and issued a GBX 600 ($7.83) price target on shares of BAE Systems plc in a research note on Friday, September 16th. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 625 ($8.16) price target on shares of BAE Systems plc in a research note on Wednesday, September 14th. Goldman Sachs Group Inc. reiterated a “conviction-buy” rating and issued a GBX 671 ($8.76) price target on shares of BAE Systems plc in a research note on Sunday, September 11th. Berenberg Bank upgraded BAE Systems plc to a “buy” rating and increased their price target for the company from GBX 520 ($6.79) to GBX 580 ($7.57) in a research note on Friday, August 26th. Finally, Beaufort Securities restated a “buy” rating on shares of BAE Systems plc in a research note on Friday, July 29th. Three research analysts have rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of GBX 551.88 ($7.20).

Analyst Recommendations for BAE Systems plc (LON:BA)

BAE Systems plc (LON:BA) opened at 527.5505 on Wednesday. The stock’s market capitalization is GBX 16.71 billion. The company has a 50-day moving average price of GBX 536.32 and a 200-day moving average price of GBX 510.70. BAE Systems plc has a 12-month low of GBX 427.30 and a 12-month high of GBX 557.53.

In related news, insider Corley,Elizabeth purchased 10,000 shares of the company’s stock in a transaction on Thursday, June 30th. The stock was bought at an average price of GBX 511 ($6.67) per share, with a total value of £51,100 ($66,701.48).

BAE Systems plc Company Profile

BAE Systems plc is a defense, aerospace and security company. Its segments include Electronic Systems, which consist of the Company’s United States and United Kingdom-based electronics activities; Cyber & Intelligence, which consists of its United States-based Intelligence & Security business and the United Kingdom-headquartered applied intelligence business; Platforms & Services (US), which produces combat vehicles, weapons and munitions; Platforms & Services (UK), which consist of its United Kingdom-based air, maritime, combat vehicle, munitions and shared services activities; Platforms & Services (International), which consist of the Company’s businesses in Saudi Arabia, Australia and Oman, together with its interest in the MBDA joint venture, and HQ, which comprises the Company’s head office activities, together with approximately 49% interest in Air Astana.

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