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BAE Systems (LON:BA) was downgraded by Barclays to an “underweight” rating in a research note issued on Friday, American Banking News reports. They currently have a GBX 380 ($6.26) price target on the stock. Barclays’ price objective indicates a potential downside of 12.84% from the company’s current price.

BAE Systems (LON:BA) opened at 428.70 on Friday. BAE Systems has a one year low of GBX 324.70 and a one year high of GBX 471.00. The stock’s 50-day moving average is GBX 246. and its 200-day moving average is GBX 323.. The company’s market cap is £13.903 billion.

A number of other analysts have also recently weighed in on BA. Analysts at BNP Paribas reiterated a “neutral” rating on shares of BAE Systems in a research note to investors on Wednesday. They now have a GBX 475 ($7.83) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of BAE Systems in a research note to investors on Tuesday. They now have a GBX 146 ($2.41) price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of BAE Systems from GBX 355 ($5.85) to GBX 365 ($6.01) in a research note to investors on Wednesday, January 15th. They now have an “underweight” rating on the stock. Six analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 413.36 ($6.81).

BAE Systems plc (LON:BA) is a global defence, aerospace and security company.

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