Barclays reissued their equal weight rating on shares of BAE Systems (LON:BA) in a research note issued to investors on Thursday morning, ThisIsMoney.Co.Uk reports.
A number of other equities analysts also recently commented on the company. JPMorgan Chase & Co. reiterated a neutral rating on shares of SUZUKI MTR CORP/ADR in a research report on Wednesday, July 17th. Deutsche Bank started coverage on Target in a research report on Monday, July 15th. They set a hold rating and a $85.00 price objective on the stock. UBS Group upgraded to a neutral rating and lifted their price objective for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research report on Thursday, June 20th. Finally, Credit Suisse Group reiterated an outperform rating and set a GBX 1,206 ($15.76) price objective on shares of in a research report on Thursday, June 27th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. BAE Systems currently has an average rating of Buy and an average price target of GBX 608 ($7.94).
LON BA opened at GBX 523.20 ($6.84) on Thursday. The stock has a market capitalization of $16.76 billion and a P/E ratio of 16.77. The firm has a 50 day moving average price of GBX 488.46. BAE Systems has a 1-year low of GBX 439.40 ($5.74) and a 1-year high of GBX 678.80 ($8.87). The company has a debt-to-equity ratio of 76.88, a quick ratio of 0.81 and a current ratio of 1.03.
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, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.
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