BAE Systems (LON:BA) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Key Points

• Deutsche Bank raised BAE Systems’ price target from GBX 2,140 to GBX 2,325 while maintaining a “hold” rating, implying 3.61% potential upside.
• Analyst sentiment remains cautious: BAE Systems has a consensus “Hold” rating and an average target price of GBX 2,275, although JPMorgan raised its target to GBX 2,450 and assigned an “overweight” rating.
• The company reported quarterly earnings of GBX 38.90 per share, with a 7.19% net margin and 17.49% return on equity; insiders have also purchased shares recently.

BAE Systems (LON:BA - Get Free Report) had its price target hoisted by Deutsche Bank Aktiengesellschaft from GBX 2,140 to GBX 2,325 in a research note issued on Monday,Digital Look reports. The brokerage presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential upside of 3.61% from the stock's current price.

Several other analysts have also commented on the company. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 2,200 price objective on shares of BAE Systems in a report on Tuesday. Jefferies Financial Group reissued a "hold" rating and issued a GBX 2,100 target price on shares of BAE Systems in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. boosted their price target on BAE Systems from GBX 2,400 to GBX 2,450 and gave the company an "overweight" rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, BAE Systems has a consensus rating of "Hold" and an average target price of GBX 2,275.

BAE Systems Stock Performance

Shares of BAE Systems stock opened at GBX 2,244 on Monday. BAE Systems has a 1 year low of GBX 1,012.50 and a 1 year high of GBX 1,415.25. The firm's 50-day moving average is GBX 1,932.44 and its 200 day moving average is GBX 2,036.43. The stock has a market cap of £69.47 billion, a price-to-earnings ratio of 38.50, a PEG ratio of 3.33 and a beta of 0.01. The company has a debt-to-equity ratio of 73.96, a current ratio of 1.02 and a quick ratio of 0.91.

BAE Systems (LON:BA - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported GBX 38.90 earnings per share for the quarter. BAE Systems had a net margin of 7.19% and a return on equity of 17.49%. Sell-side analysts anticipate that BAE Systems will post 73.537927 EPS for the current fiscal year.

Insider Activity at BAE Systems

In related news, insider Brad Greve acquired 2,760 shares of the business's stock in a transaction that occurred on Friday, June 5th. The stock was bought at an average cost of GBX 1,909 per share, for a total transaction of £52,688.40. Insiders bought a total of 2,784 shares of company stock valued at $5,304,824 over the last 90 days. 0.14% of the stock is owned by company insiders.

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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