BAE Systems (LON:BA) had its price target trimmed by Deutsche Bank from GBX 690 ($9.02) to GBX 685 ($8.95) in a report issued on Monday, Digital Look reports. The brokerage currently has a buy rating on the stock.

Several other brokerages have also recently weighed in on BA. JPMorgan Chase & Co. reaffirmed a neutral rating and issued a GBX 530 ($6.93) price target on shares of BAE Systems in a research note on Wednesday, July 17th. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 600 ($7.84) price target on shares of BAE Systems in a research note on Thursday, June 27th. Berenberg Bank upped their price target on BAE Systems from GBX 560 ($7.32) to GBX 655 ($8.56) and gave the stock a buy rating in a research note on Monday, August 5th. Barclays reaffirmed an equal weight rating on shares of BAE Systems in a research note on Thursday, July 18th. Finally, UBS Group reissued a neutral rating and issued a GBX 530 ($6.93) target price (up from GBX 505 ($6.60)) on shares of BAE Systems in a research note on Monday, July 29th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. BAE Systems has an average rating of Buy and an average target price of GBX 602.30 ($7.87).

Shares of BA stock opened at GBX 548.40 ($7.17) on Monday. The stock has a market cap of $17.57 billion and a price-to-earnings ratio of 13.25. The business’s fifty day moving average is GBX 523.45 and its 200 day moving average is GBX 493.99. BAE Systems has a twelve month low of GBX 439.40 ($5.74) and a twelve month high of GBX 643.60 ($8.41). The company has a quick ratio of 0.93, a current ratio of 1.06 and a debt-to-equity ratio of 90.79.

The business also recently announced a dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, October 17th will be paid a GBX 9.40 ($0.12) dividend. The ex-dividend date is Thursday, October 17th. This represents a dividend yield of 1.7%. BAE Systems’s dividend payout ratio is currently 0.46%.

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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