BAE Systems plc (LON:BA)‘s stock had its “hold” rating reaffirmed by equities research analysts at Jefferies Group LLC in a report released on Friday. They currently have a GBX 600 ($7.41) target price on the stock. Jefferies Group LLC’s target price suggests a potential downside of 7.55% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. decreased their price target on shares of BAE Systems plc from GBX 675 ($8.34) to GBX 665 ($8.21) and set an “overweight” rating for the company in a research report on Thursday, January 5th. Deutsche Bank AG raised their price target on shares of BAE Systems plc from GBX 540 ($6.67) to GBX 660 ($8.15) and gave the company a “buy” rating in a research report on Monday, December 5th. Citigroup Inc reissued a “buy” rating and issued a GBX 630 ($7.78) price target on shares of BAE Systems plc in a research report on Wednesday, February 8th. Beaufort Securities reissued a “buy” rating on shares of BAE Systems plc in a research report on Friday, February 24th. Finally, BNP Paribas raised their price target on shares of BAE Systems plc from GBX 565 ($6.98) to GBX 645 ($7.97) and gave the company an “outperform” rating in a research report on Monday, January 30th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of GBX 644 ($7.95).

Analyst Recommendations for BAE Systems plc (LON:BA)

Shares of BAE Systems plc (LON:BA) opened at 644.65 on Friday. The stock’s 50 day moving average is GBX 618.24 and its 200 day moving average is GBX 583.52. BAE Systems plc has a 1-year low of GBX 464.80 and a 1-year high of GBX 652.50. The company’s market cap is GBX 20.46 billion.

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In other news, insider Ian King sold 256,279 shares of the firm’s stock in a transaction on Thursday, February 23rd. The shares were sold at an average price of GBX 611 ($7.55), for a total value of £1,565,864.69 ($1,933,882.54). Also, insider Alan Garwood sold 11,500 shares of the firm’s stock in a transaction on Monday, March 13th. The shares were sold at an average price of GBX 637 ($7.87), for a total transaction of £73,255 ($90,471.78). Insiders bought a total of 46,642 shares of company stock worth $28,452,272 over the last 90 days.

BAE Systems plc Company Profile

BAE Systems plc is a defense, aerospace and security company. Its segments include Electronic Systems, which consist of the Company’s United States and United Kingdom-based electronics activities; Cyber & Intelligence, which consists of its United States-based Intelligence & Security business and the United Kingdom-headquartered applied intelligence business; Platforms & Services (US), which produces combat vehicles, weapons and munitions; Platforms & Services (UK), which consist of its United Kingdom-based air, maritime, combat vehicle, munitions and shared services activities; Platforms & Services (International), which consist of the Company’s businesses in Saudi Arabia, Australia and Oman, together with its interest in the MBDA joint venture, and HQ, which comprises the Company’s head office activities, together with approximately 49% interest in Air Astana.

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