BAE Systems (LON:BA) Earns "Overweight" Rating from Morgan Stanley

Key Points

• BAE Systems' stock has been reaffirmed with an "overweight" rating by Morgan Stanley, indicating a positive outlook from analysts.
• The stock has also received a "buy" rating from Deutsche Bank with a target price of GBX 2,170, while Citigroup raised its target price to GBP 2,192.
• Currently, BAE Systems holds an average rating of "Moderate Buy" with a consensus price target of GBX 1,964.25, reflecting strong analyst confidence in the company.

BAE Systems (LON:BA - Get Free Report)'s stock had its "overweight" rating reiterated by equities research analysts at Morgan Stanley in a research note issued on Friday, MarketBeat Ratings reports.

Several other equities research analysts have also recently weighed in on the company. Berenberg Bank reissued a "hold" rating and set a GBX 1,770 price objective on shares of BAE Systems in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 2,170 price objective on shares of BAE Systems in a research note on Thursday, July 31st. Finally, Citigroup boosted their price objective on BAE Systems from GBX 2,145 to GBX 2,192 and gave the stock a "buy" rating in a research note on Thursday, July 31st. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of GBX 1,964.25.

BAE Systems Price Performance

Shares of BA stock traded up GBX 16 during trading hours on Friday, hitting GBX 1,777. The stock had a trading volume of 2,153,684 shares. BAE Systems has a one year low of GBX 1,012.50 and a one year high of GBX 1,415.25. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. The stock's 50-day moving average price is GBX 1,817.69 and its two-hundred day moving average price is GBX 1,740.46. The stock has a market capitalization of £55.01 billion, a price-to-earnings ratio of 30.49, a PEG ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA - Get Free Report) last issued its earnings results on Wednesday, July 30th. The company reported GBX 34.70 earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Equities analysts forecast that BAE Systems will post 73.537927 EPS 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.