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

BAE Systems (LON:BA) had its price objective upped by Deutsche Bank Aktiengesellschaft from GBX 2,140 to GBX 2,325 in a report issued on Monday,Digital Look reports. They currently have a hold rating on the stock.

A number of other research analysts have also recently issued reports on the stock. Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,100 price objective on shares of BAE Systems in a research note on Friday, July 31st. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,200 target price on shares of BAE Systems in a research note on Tuesday. Finally, JPMorgan Chase & Co. raised their target price on BAE Systems from GBX 2,400 to GBX 2,450 and gave the company an “overweight” rating in a report on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, BAE Systems has an average rating of “Hold” and a consensus target price of GBX 2,275.

BAE Systems Trading Up 1.1%

BA opened at GBX 2,244 on Monday. The stock has a market capitalization of £69.47 billion, a price-to-earnings ratio of 38.50, a P/E/G ratio of 3.33 and a beta of 0.01. The company has a quick ratio of 0.91, a current ratio of 1.02 and a debt-to-equity ratio of 73.96. BAE Systems has a twelve month low of GBX 1,012.50 and a twelve month high of GBX 1,415.25. The company has a 50-day simple moving average of GBX 1,932.44 and a 200 day simple moving average of GBX 2,036.43.

BAE Systems (LON:BA) last released its earnings results on Thursday, July 30th. The company reported GBX 38.90 EPS for the quarter. BAE Systems had a net margin of 7.19% and a return on equity of 17.49%. Analysts predict that BAE Systems will post 73.537927 EPS for the current fiscal year.

Insider Activity at BAE Systems

In other news, insider Brad Greve purchased 2,760 shares of BAE Systems stock in a transaction dated Friday, June 5th. The shares were bought at an average cost of GBX 1,909 per share, for a total transaction of £52,688.40. Insiders bought 2,784 shares of company stock worth $5,304,824 over the last quarter. Company insiders own 0.14% of the company’s stock.

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.