Barclays restated their equal weight rating on shares of BAE Systems (LON:BA) in a research note issued to investors on Monday morning, Digital Look reports. They currently have a GBX 550 ($7.19) price objective on the stock.

BA has been the topic of several other research reports. Credit Suisse Group reaffirmed an outperform rating and set a GBX 600 ($7.84) price target on shares of BAE Systems in a research report on Thursday, June 27th. JPMorgan Chase & Co. reaffirmed a neutral rating and set a GBX 530 ($6.93) price target on shares of BAE Systems in a research report on Wednesday, July 17th. UBS Group reaffirmed a neutral rating and set a GBX 530 ($6.93) price target (up previously from GBX 505 ($6.60)) on shares of BAE Systems in a research report on Monday, July 29th. Deutsche Bank cut their target price on BAE Systems from GBX 690 ($9.02) to GBX 685 ($8.95) and set a buy rating on the stock in a research report on Monday, August 12th. Finally, Berenberg Bank boosted their target price on BAE Systems from GBX 560 ($7.32) to GBX 655 ($8.56) and gave the company a buy rating in a research report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of GBX 602.30 ($7.87).

Shares of BAE Systems stock opened at GBX 571.80 ($7.47) on Monday. The stock has a market cap of $18.41 billion and a P/E ratio of 13.81. The stock’s 50 day simple moving average is GBX 545.75 and its 200-day simple moving average is GBX 497.81. BAE Systems has a 1-year low of GBX 439.40 ($5.74) and a 1-year high of GBX 643.60 ($8.41). The company has a debt-to-equity ratio of 90.79, a current ratio of 1.06 and a quick ratio of 0.93.

The company also recently announced a dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, October 17th will be paid a dividend of GBX 9.40 ($0.12) per share. The ex-dividend date of this dividend is Thursday, October 17th. This represents a dividend yield of 1.7%. BAE Systems’s 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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