BAE Systems (LON:BA) Price Target Increased to GBX 1,440 by Analysts at Deutsche Bank Aktiengesellschaft

BAE Systems (LON:BA - Free Report) had its price target lifted by Deutsche Bank Aktiengesellschaft from GBX 1,290 ($16.33) to GBX 1,440 ($18.23) in a report released on Friday, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

BA has been the topic of several other reports. Citigroup began coverage on shares of BAE Systems in a report on Friday, March 8th. They issued a neutral rating and a GBX 1,400 ($17.72) price target on the stock. Shore Capital reiterated a buy rating on shares of BAE Systems in a research note on Wednesday, February 21st. Berenberg Bank restated a buy rating and set a GBX 1,220 ($15.44) price target on shares of BAE Systems in a research note on Wednesday, February 21st. JPMorgan Chase & Co. increased their price objective on shares of BAE Systems from GBX 1,300 ($16.45) to GBX 1,400 ($17.72) and gave the company an overweight rating in a research report on Thursday, February 22nd. Finally, Barclays boosted their target price on shares of BAE Systems from GBX 1,250 ($15.82) to GBX 1,450 ($18.35) and gave the stock an overweight rating in a research report on Tuesday, March 12th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat.com, BAE Systems presently has an average rating of Moderate Buy and an average target price of GBX 1,335 ($16.90).

BAE Systems Stock Up 0.8 %

Shares of BA stock traded up GBX 10.50 ($0.13) during mid-day trading on Friday, hitting GBX 1,286 ($16.28). 6,018,731 shares of the stock traded hands. The stock's fifty day moving average is GBX 1,273.08 and its two-hundred day moving average is GBX 1,150.73. The company has a debt-to-equity ratio of 62.47, a current ratio of 1.08 and a quick ratio of 0.91. BAE Systems has a 52-week low of GBX 883.40 ($11.18) and a 52-week high of GBX 1,378 ($17.44). The stock has a market cap of £38.84 billion, a P/E ratio of 2,143.33, a P/E/G ratio of 3.64 and a beta of 0.35.

BAE Systems Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, April 18th will be given a dividend of GBX 18.50 ($0.23) per share. This is a boost from BAE Systems's previous dividend of $11.50. This represents a yield of 1.48%. The ex-dividend date of this dividend is Thursday, April 18th. BAE Systems's dividend payout ratio (DPR) is currently 5,000.00%.

Insider Transactions at BAE Systems

In other news, insider Nicole Piasecki purchased 3,132 shares of the company's stock in a transaction that occurred on Tuesday, February 27th. The shares were bought at an average price of GBX 1,595 ($20.19) per share, for a total transaction of £49,955.40 ($63,226.68). In other BAE Systems news, insider Nicole Piasecki purchased 3,132 shares of the stock in a transaction on Tuesday, February 27th. The shares were bought at an average price of GBX 1,595 ($20.19) per share, for a total transaction of £49,955.40 ($63,226.68). Also, insider Cressida Hogg acquired 13,698 shares of the company's stock in a transaction on Tuesday, March 19th. The stock was acquired at an average cost of GBX 1,320 ($16.71) per share, for a total transaction of £180,813.60 ($228,849.01). Insiders have bought 16,867 shares of company stock valued at $23,122,678 in the last 90 days. 0.36% of the stock is currently owned by company insiders.

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.