BAE Systems (LON:BA)‘s stock had its “conviction-buy” rating reiterated by stock analysts at Goldman Sachs in a report issued on Friday.
Other equities analysts have also recently issued research reports about the company. Citigroup reaffirmed a “buy” rating and issued a GBX 720 ($10.11) price target on shares of BAE Systems in a report on Monday, December 11th. Deutsche Bank reduced their price target on BAE Systems from GBX 730 ($10.25) to GBX 708 ($9.94) and set a “buy” rating for the company in a report on Monday, February 26th. Kepler Capital Markets reaffirmed a “buy” rating and issued a GBX 700 ($9.83) price target on shares of BAE Systems in a report on Thursday, December 14th. Beaufort Securities reaffirmed a “buy” rating and issued a GBX 685 ($9.62) price target on shares of BAE Systems in a report on Thursday, February 22nd. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a GBX 550 ($7.72) price target on shares of BAE Systems in a report on Thursday, February 15th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 641.25 ($9.00).
LON BA opened at GBX 601.80 ($8.45) on Friday. BAE Systems has a twelve month low of GBX 533.50 ($7.49) and a twelve month high of GBX 682.50 ($9.58).
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About BAE Systems
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, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.
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