RBC Capital Reiterates Underperform on BAE Systems (BA)
BAE Systems (LON: BA)‘s stock had its “underperform” rating restated by equities researchers at RBC Capital in a report issued on Wednesday. They currently have a $4.63 (290 GBX) target price on the stock.
Shares of BAE Systems opened at 312.20 on Wednesday. BAE Systems has a one year low of GBX 248.95 and a one year high of GBX 367.50. The company’s market cap is £10.115 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale upgraded shares of BAE Systems to a “hold” rating in a research note to investors on Monday, October 8th. They now have a $5.65 price target on the stock. Separately, analysts at Exane BNP Paribas reiterated an “underperform” rating on shares of BAE Systems in a research note to investors on Wednesday, September 26th. They now have a $4.52 price target on the stock. Finally, analysts at Investec downgraded shares of BAE Systems to a “sell” rating in a research note to investors on Thursday, September 13th. They now have a $5.65 price target on the stock.
BAE Systems plc (BAE Systems) is a global defence, aerospace and security company. BAE Systems delivers a range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and support services.
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