BAE Systems (LON:BA)‘s stock had its “buy” rating reiterated by equities researchers at Kepler Capital Markets in a research note issued to investors on Friday, February 16th. They presently have a GBX 700 ($9.67) target price on the stock. Kepler Capital Markets’ price target indicates a potential upside of 20.90% from the stock’s current price.
Several other equities research analysts have also recently weighed in on BA. Morgan Stanley reissued an “equal weight” rating and set a GBX 550 ($7.60) price objective on shares of BAE Systems in a research note on Thursday, February 15th. Goldman Sachs Group restated a “conviction-buy” rating and set a GBX 769 ($10.62) target price on shares of BAE Systems in a research report on Monday, February 12th. Deutsche Bank restated a “buy” rating and set a GBX 730 ($10.09) target price on shares of BAE Systems in a research report on Wednesday, February 7th. JPMorgan Chase & Co. dropped their target price on BAE Systems from GBX 595 ($8.22) to GBX 555 ($7.67) and set a “neutral” rating for the company in a research report on Friday, January 5th. Finally, Credit Suisse Group boosted their target price on BAE Systems from GBX 605 ($8.36) to GBX 610 ($8.43) and gave the company a “neutral” rating in a research report on Tuesday, January 2nd. Two analysts have rated the stock with a sell rating, four have issued a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 643.92 ($8.90).
Shares of BAE Systems (LON BA) traded down GBX 1.80 ($0.02) during mid-day trading on Friday, hitting GBX 579 ($8.00). The stock had a trading volume of 8,147,938 shares, compared to its average volume of 9,950,000. BAE Systems has a 1 year low of GBX 533.50 ($7.37) and a 1 year high of GBX 682.50 ($9.43). The company has a market capitalization of $18,450.00 and a PE ratio of 2,144.44.
BAE Systems Company Profile
BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.
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