BAE Systems plc (BA) Rating Reiterated by Deutsche Bank AG
BAE Systems plc (LON:BA)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank AG in a report issued on Friday.
Other analysts have also issued reports about the stock. Jefferies Group LLC lowered shares of BAE Systems plc to a “hold” rating and set a GBX 600 ($7.50) price target for the company. in a research note on Thursday, December 15th. Goldman Sachs Group, Inc. (The) reiterated a “conviction-buy” rating and issued a GBX 697 ($8.71) price target on shares of BAE Systems plc in a research note on Thursday, December 1st. Barclays PLC reiterated an “underweight” rating and issued a GBX 430 ($5.37) price target on shares of BAE Systems plc in a research note on Monday, February 6th. BNP Paribas lifted their price target on shares of BAE Systems plc from GBX 565 ($7.06) to GBX 645 ($8.06) and gave the stock an “outperform” rating in a research note on Monday, January 30th. Finally, J P Morgan Chase & Co lifted their price target on shares of BAE Systems plc from GBX 655 ($8.19) to GBX 675 ($8.44) and gave the stock an “overweight” rating in a research note on Thursday, November 10th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of GBX 582.81 ($7.28).
BAE Systems plc (LON:BA) traded down 0.82% during mid-day trading on Friday, reaching GBX 603.50. 5,212,353 shares of the company were exchanged. The stock’s market capitalization is GBX 19.12 billion. The stock has a 50 day moving average of GBX 598.66 and a 200-day moving average of GBX 567.66. BAE Systems plc has a one year low of GBX 464.80 and a one year high of GBX 631.50.
This piece was published by Daily Political and is owned by of Daily Political. If you are reading this piece on another website, it was illegally stolen and republished in violation of United States and international copyright laws. The correct version of this piece can be viewed at http://www.dailypolitical.com/2017/02/16/bae-systems-plc-ba-rating-reiterated-by-deutsche-bank-ag.html.
About BAE Systems plc
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.
Receive News & Ratings for BAE Systems plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems plc and related companies with MarketBeat.com's FREE daily email newsletter.