Goldman Sachs Group Inc reissued their conviction-buy rating on shares of BAE Systems plc (LON:BA) in a research note published on Friday. The firm currently has a GBX 750 ($10.00) price target on the stock.

Several other analysts have also issued reports on the company. Berenberg Bank lowered BAE Systems to a hold rating and cut their price target for the company from GBX 700 ($9.33) to GBX 600 ($8.00) in a report on Tuesday, October 3rd. J P Morgan Chase & Co reissued a neutral rating and set a GBX 610 ($8.13) price target on shares of BAE Systems in a report on Wednesday, September 20th. Deutsche Bank AG reissued a buy rating and set a GBX 670 ($8.93) price target on shares of BAE Systems in a report on Wednesday, October 11th. Citigroup Inc. reissued a buy rating and set a GBX 720 ($9.60) price target on shares of BAE Systems in a report on Wednesday, October 11th. Finally, Barclays PLC reaffirmed an underweight rating and issued a GBX 460 ($6.13) price objective on shares of BAE Systems in a research note on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of Buy and a consensus price target of GBX 649.58 ($8.66).

Shares of BAE Systems (LON:BA) opened at GBX 543.50 ($7.25) on Friday. BAE Systems has a 1 year low of GBX 533.50 ($7.11) and a 1 year high of GBX 682.50 ($9.10).

COPYRIGHT VIOLATION WARNING: This piece of content was published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another domain, it was stolen and republished in violation of U.S. & international trademark and copyright legislation. The original version of this piece of content can be accessed at

About BAE Systems

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 (LON:BA)

Receive News & Stock Ratings for BAE Systems plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems plc and related stocks with our FREE daily email newsletter.