BAE Systems (LON:BA) had its target price cut by Berenberg Bank from GBX 700 ($9.15) to GBX 590 ($7.71) in a research report report published on Wednesday morning. They currently have a buy rating on the stock.

Other analysts have also recently issued reports about the stock. Citigroup restated a buy rating and set a GBX 750 ($9.80) price target on shares of BAE Systems in a research note on Wednesday, September 19th. Morgan Stanley restated an overweight rating on shares of BAE Systems in a research note on Wednesday, September 26th. Deutsche Bank upped their price target on shares of BAE Systems from GBX 708 ($9.25) to GBX 720 ($9.41) and gave the company a buy rating in a research note on Friday, September 28th. Credit Suisse Group upgraded shares of BAE Systems to an outperform rating and upped their price target for the company from GBX 630 ($8.23) to GBX 640 ($8.36) in a research note on Friday, November 2nd. Finally, JPMorgan Chase & Co. upgraded shares of BAE Systems to a neutral rating and dropped their price target for the company from GBX 695 ($9.08) to GBX 625 ($8.17) in a research note on Friday, November 23rd. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. BAE Systems has an average rating of Buy and a consensus price target of GBX 645.82 ($8.44).

BA opened at GBX 497 ($6.49) on Wednesday. BAE Systems has a twelve month low of GBX 533.50 ($6.97) and a twelve month high of GBX 682.50 ($8.92).

BAE Systems Company Profile

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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