BAE Systems plc’s (BA) “Buy” Rating Reaffirmed at Deutsche Bank AG
BA has been the topic of several other reports. Jefferies Group LLC reissued a buy rating and set a GBX 600 ($7.50) price target on shares of BAE Systems plc in a research report on Wednesday, November 30th. Citigroup Inc. upgraded BAE Systems plc to a buy rating and set a GBX 630 ($7.87) price objective on the stock in a report on Friday, November 4th. Barclays PLC restated an underweight rating and set a GBX 430 ($5.37) price objective on shares of BAE Systems plc in a report on Monday, February 6th. Goldman Sachs Group, Inc. (The) restated a conviction-buy rating and set a GBX 697 ($8.71) price objective on shares of BAE Systems plc in a report on Wednesday, December 21st. Finally, Morgan Stanley upgraded BAE Systems plc to an overweight rating and lifted their price objective for the stock from GBX 580 ($7.25) to GBX 630 ($7.87) in a report on Thursday, November 3rd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of Buy and an average price target of GBX 582.81 ($7.28).
BAE Systems plc (LON:BA) traded down 0.82% during midday trading on Friday, hitting GBX 603.50. The stock had a trading volume of 5,212,353 shares. BAE Systems plc has a 12-month low of GBX 464.80 and a 12-month high of GBX 631.50. The company’s market cap is GBX 19.12 billion. The company has a 50-day moving average price of GBX 598.66 and a 200-day moving average price of GBX 567.66.
This piece was originally reported by Daily Political and is the property of of Daily Political. If you are reading this piece on another website, it was copied illegally and republished in violation of U.S. & international trademark & copyright law. The correct version of this piece can be read at http://www.dailypolitical.com/2017/02/16/bae-systems-plcs-ba-buy-rating-reaffirmed-at-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.