BAE Systems Given Buy Rating at Cantor Fitzgerald (BA)
BAE Systems (LON:BA)‘s stock had its “buy” rating reiterated by investment analysts at Cantor Fitzgerald in a note issued to investors on Thursday, AnalystRatingsNetwork.com reports. They currently have a GBX 490 ($7.66) price objective on the stock. Cantor Fitzgerald’s price objective would indicate a potential upside of 10.71% from the company’s current price.
A number of other analysts have also recently weighed in on BA. Analysts at TheStreet reiterated a “buy” rating on shares of BAE Systems (LON:BA) in a research note to investors on Thursday, August 22nd. Separately, analysts at AlphaValue reiterated a “reduce” rating on shares of BAE Systems (LON:BA) in a research note to investors on Thursday, August 22nd. They now have a GBX 409 ($6.39) price target on the stock. Finally, analysts at Morgan Stanley reiterated an “equal weight” rating on shares of BAE Systems (LON:BA) in a research note to investors on Wednesday, August 21st.
Five analysts have rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of GBX 406.72 ($6.36).
BAE Systems (LON:BA) opened at 443.60 on Thursday. The stock has a 50-day moving average of GBX 443.6 and a 200-day moving average of GBX 405.3. The company’s market cap is £14.386 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.