Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for BAE Systems (LON:BA)

BAE Systems (LON:BA - Get Free Report)'s stock had its "buy" rating reissued by investment analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Wednesday, MarketBeat Ratings reports. They presently have a GBX 2,170 ($29.13) price objective on the stock. Deutsche Bank Aktiengesellschaft's price objective points to a potential upside of 11.86% from the stock's previous close.

Separately, JPMorgan Chase & Co. upped their target price on shares of BAE Systems from GBX 2,100 ($28.19) to GBX 2,200 ($29.53) and gave the company an "overweight" rating in a research report on Monday, July 14th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, BAE Systems has an average rating of "Moderate Buy" and a consensus price target of GBX 1,812.50 ($24.33).

BAE Systems Price Performance

BA stock traded up GBX 41 ($0.55) during mid-day trading on Wednesday, hitting GBX 1,940 ($26.04). The company had a trading volume of 4,639,086 shares. The company has a 50-day moving average price of GBX 1,863.35 and a 200 day moving average price of GBX 1,593.77. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. The company has a market capitalization of £60.06 billion, a price-to-earnings ratio of 33.28, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems has a 12-month low of GBX 1,012.50 ($13.59) and a 12-month high of GBX 1,415.25 ($19.00).

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.