BAE Systems (LON:BA) had its target price lowered by JPMorgan Chase & Co. from GBX 595 ($7.96) to GBX 555 ($7.42) in a report issued on Friday. The firm currently has a neutral rating on the stock.

Other analysts have also recently issued research reports about the stock. Goldman Sachs Group reiterated a conviction-buy rating and set a GBX 750 ($10.03) price target on shares of BAE Systems in a research note on Monday, September 18th. Jefferies Group reiterated a hold rating and set a GBX 615 ($8.22) price target on shares of BAE Systems in a research note on Monday, December 11th. Citigroup reiterated a buy rating on shares of BAE Systems in a research note on Friday, November 24th. Kepler Capital Markets reiterated a buy rating and set a GBX 700 ($9.36) price target on shares of BAE Systems in a research note on Thursday, December 14th. Finally, Credit Suisse Group increased their price target on shares of BAE Systems from GBX 605 ($8.09) to GBX 610 ($8.16) and gave the stock a neutral rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. BAE Systems currently has a consensus rating of Buy and a consensus price target of GBX 647.08 ($8.65).

Shares of BAE Systems (LON BA) opened at GBX 572 ($7.65) on Friday. The firm has a market cap of $18,220.00 and a price-to-earnings ratio of 1,733.33. BAE Systems has a 52 week low of GBX 533.50 ($7.13) and a 52 week high of GBX 682.50 ($9.13).

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BAE Systems Company Profile

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)

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