BAE Systems (LON:BA) Price Target Raised to GBX 2,220

BAE Systems (LON:BA) had its price target increased by Deutsche Bank Aktiengesellschaft from GBX 2,170 to GBX 2,220 in a research report released on Friday morning, Marketbeat Ratings reports. They currently have a buy rating on the stock.

A number of other brokerages have also recently weighed in on BA. Morgan Stanley reaffirmed an “overweight” rating on shares of BAE Systems in a research report on Friday, September 5th. Citigroup upped their price target on shares of BAE Systems from GBX 2,145 to GBX 2,192 and gave the stock a “buy” rating in a research report on Thursday, July 31st. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 1,770 price target on shares of BAE Systems in a research report on Wednesday, July 30th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,976.75.

BAE Systems Stock Up 1.7%

Shares of LON BA opened at GBX 1,981 on Friday. BAE Systems has a 52-week low of GBX 1,012.50 and a 52-week high of GBX 1,415.25. The firm has a fifty day moving average of GBX 1,813.83 and a 200-day moving average of GBX 1,758.56. The stock has a market capitalization of £61.33 billion, a PE ratio of 33.99, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02.

BAE Systems (LON:BA) last announced its quarterly earnings data on Wednesday, July 30th. The company reported GBX 34.70 earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. On average, analysts anticipate that BAE Systems will post 73.537927 EPS for the current year.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.