BAE Systems Stock Rating Reaffirmed by AlphaValue (BA)
BAE Systems (LON:BA)‘s stock had its “reduce” rating restated by AlphaValue in a research note issued on Thursday, Analyst Ratings Net reports. They currently have a GBX 416 ($6.67) price objective on the stock. AlphaValue’s target price suggests a potential downside of 5.45% from the company’s current price.
Shares of BAE Systems (LON:BA) traded up 2.45% on Thursday, hitting GBX 450.80. The stock had a trading volume of 2,533,054 shares. BAE Systems has a 52-week low of GBX 300.80 and a 52-week high of GBX 471.00. The stock has a 50-day moving average of GBX 444.5 and a 200-day moving average of GBX 409.1. The company’s market cap is £14.619 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of BAE Systems in a research note to investors on Wednesday, September 25th. They now have a GBX 510 ($8.18) price target on the stock. Separately, analysts at Investec upgraded shares of BAE Systems to a “buy” rating in a research note to investors on Wednesday, September 18th. Finally, analysts at Cantor Fitzgerald reiterated a “buy” rating on shares of BAE Systems in a research note to investors on Thursday, September 12th. They now have a GBX 490 ($7.86) price target on the stock. Five equities research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 404.06 ($6.48).
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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