BAE Systems (LON:BA) Price Target Raised to GBX 2,220 at Deutsche Bank Aktiengesellschaft

Key Points

• Deutsche Bank Aktiengesellschaft raised BAE Systems' price target from GBX 2,170 to GBX 2,220, indicating a potential upside of 12.06% from its current price.
• Four analysts have rated BAE Systems as a Buy, while one has a Hold rating, reflecting a consensus rating of "Moderate Buy".
• The company reported an EPS of GBX 34.70 for the last quarter, with analysts predicting a total EPS of approximately 73.54 for the current fiscal year.

BAE Systems (LON:BA - Get Free Report) had its target price upped by investment analysts at Deutsche Bank Aktiengesellschaft from GBX 2,170 to GBX 2,220 in a research report issued on Friday,Digital Look reports. The brokerage presently has a "buy" rating on the stock. Deutsche Bank Aktiengesellschaft's price target would suggest a potential upside of 12.06% from the stock's current price.

A number of other equities analysts also recently weighed in on the company. Morgan Stanley restated an "overweight" rating on shares of BAE Systems in a research note on Friday, September 5th. 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 report on Thursday, July 31st. Finally, Berenberg Bank reaffirmed a "hold" rating and set a GBX 1,770 target price on shares of BAE Systems in a research report on Wednesday, July 30th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 1,976.75.

BAE Systems Trading Up 1.7%

LON BA opened at GBX 1,981 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. The business has a fifty day simple moving average of GBX 1,813.83 and a 200 day simple moving average of GBX 1,758.56. BAE Systems has a 12 month low of GBX 1,012.50 and a 12 month high of GBX 1,415.25. The firm has a market capitalization of £61.33 billion, a P/E ratio of 33.99, a PEG ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported GBX 34.70 EPS for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. On average, analysts predict that BAE Systems will post 73.537927 EPS for the current fiscal year.

About BAE Systems

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.

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