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

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Deutsche Bank Aktiengesellschaft restated their buy rating on shares of BAE Systems (LON:BA - Free Report) in a research note released on Thursday, Marketbeat Ratings reports. They currently have a GBX 2,170 ($28.80) target price on the stock.

Other research analysts have also issued reports about the company. Citigroup upped their target price on BAE Systems from GBX 2,145 ($28.47) to GBX 2,192 ($29.09) and gave the stock a "buy" rating in a research report on Thursday. Berenberg Bank reaffirmed a "hold" rating and set a GBX 1,770 ($23.49) price objective on shares of BAE Systems in a research report on Wednesday.

BAE Systems Trading Up 0.7%

Shares of LON:BA traded up GBX 12.50 ($0.17) during midday trading on Thursday, reaching GBX 1,816.50 ($24.11). The company had a trading volume of 2,587,819 shares. The company has a fifty day simple moving average of GBX 1,883.16 and a two-hundred day simple moving average of GBX 1,640.79. The firm has a market cap of £56.24 billion, a price-to-earnings ratio of 31.16, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. BAE Systems has a 1-year low of GBX 1,012.50 ($13.44) and a 1-year high of GBX 1,415.25 ($18.78). The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03.

BAE Systems (LON:BA - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported GBX 34.70 ($0.46) EPS for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Research analysts predict that BAE Systems will post 73.537927 earnings per share 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.