Deutsche Bank Aktiengesellschaft Issues Positive Forecast for BAE Systems (LON:BA) Stock Price

BAE Systems (LON:BA) had its price target raised by Deutsche Bank Aktiengesellschaft from GBX 2,170 to GBX 2,220 in a research report released on Friday, MarketBeat Ratings reports. They currently have a buy rating on the stock.

BA has been the topic of a number of other research reports. Citigroup lifted their price objective on BAE Systems from GBX 2,145 to GBX 2,192 and gave the company a “buy” rating in a report on Thursday, July 31st. Morgan Stanley reissued an “overweight” rating on shares of BAE Systems in a research note on Friday, September 5th. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 1,770 price target on shares of BAE Systems in a research note on Wednesday, July 30th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,976.75.

BAE Systems Price Performance

Shares of BA opened at GBX 1,981 on Friday. BAE Systems has a twelve month low of GBX 1,012.50 and a twelve month high of GBX 1,415.25. The stock’s 50 day moving average is GBX 1,813.83 and its two-hundred day moving average is GBX 1,758.56. The firm has a market capitalization of £61.33 billion, a PE ratio of 33.99, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02.

BAE Systems (LON:BA) last announced its quarterly earnings data on Wednesday, July 30th. The company reported GBX 34.70 earnings per share for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Research analysts anticipate that BAE Systems will post 73.537927 earnings per share for the current year.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.