Barclays PLC reaffirmed their underweight rating on shares of BAE Systems plc (LON:BA) in a research report sent to investors on Tuesday morning.

BA has been the topic of several other reports. Deutsche Bank AG reaffirmed a buy rating and issued a GBX 645 ($8.42) target price on shares of BAE Systems plc in a research note on Thursday, June 15th. Jefferies Group LLC lifted their target price on shares of BAE Systems plc from GBX 600 ($7.83) to GBX 615 ($8.03) and gave the stock a hold rating in a research note on Friday, May 19th. Citigroup Inc. reaffirmed a buy rating and issued a GBX 720 ($9.40) target price on shares of BAE Systems plc in a research note on Thursday, March 30th. J P Morgan Chase & Co reaffirmed an overweight rating and issued a GBX 685 ($8.94) target price on shares of BAE Systems plc in a research note on Friday, April 21st. Finally, Credit Suisse Group reaffirmed a neutral rating and issued a GBX 610 ($7.97) target price on shares of BAE Systems plc in a research note on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the stock. BAE Systems plc has a consensus rating of Buy and an average target price of GBX 656.38 ($8.57).

Shares of BAE Systems plc (LON BA) opened at 612.00 on Tuesday. The company’s market capitalization is GBX 19.43 billion. BAE Systems plc has a 12-month low of GBX 515.00 and a 12-month high of GBX 682.34. The firm’s 50-day moving average is GBX 647.96 and its 200-day moving average is GBX 631.35.

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In related news, insider Ian King sold 11,396 shares of the company’s stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of GBX 639 ($8.34), for a total value of £72,820.44 ($95,090.68). Also, insider Peter Lynas sold 6,399 shares of the company’s stock in a transaction dated Wednesday, May 24th. The stock was sold at an average price of GBX 652 ($8.51), for a total transaction of £41,721.48 ($54,480.91). In the last 90 days, insiders have bought 68 shares of company stock worth $43,177 and have sold 31,726 shares worth $20,439,687.

About BAE Systems plc

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.

Analyst Recommendations for BAE Systems plc (LON:BA)

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