BAE Systems Given “Buy” Rating at Cantor Fitzgerald (BA)
BAE Systems (LON:BA)‘s stock had its “buy” rating restated by equities researchers at Cantor Fitzgerald in a research report issued on Wednesday, ARN reports. They currently have a GBX 490 ($7.93) price objective on the stock. Cantor Fitzgerald’s target price would indicate a potential upside of 7.93% from the company’s current price.
BAE Systems (LON:BA) opened at 453.70 on Wednesday. BAE Systems has a one year low of GBX 300.80 and a one year high of GBX 471.00. The stock has a 50-day moving average of GBX 387.6 and a 200-day moving average of GBX 403.7. The company’s market cap is £14.713 billion.
BA has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of BAE Systems in a research note to investors on Monday, October 21st. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of BAE Systems in a research note to investors on Friday, October 18th. They now have a GBX 460 ($7.44) price target on the stock. Finally, analysts at Bank of America Corp. reiterated an “underperform” rating on shares of BAE Systems in a research note to investors on Thursday, October 10th. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and six have assigned a buy rating to the company. BAE Systems currently has an average rating of “Hold” and a consensus target price of GBX 416.56 ($6.74).
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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