Share on StockTwits
 

Analysts at UBS AG decreased their price objective on shares of BAE Systems (LON:BA) from GBX 510 ($8.38) to GBX 500 ($8.22) in a research report issued to clients and investors on Monday, Stock Ratings Network reports. The firm currently has a “buy” rating on the stock. UBS AG’s price target would suggest a potential upside of 17.98% from the company’s current price.

BA has been the subject of a number of other recent research reports. Analysts at Barclays downgraded shares of BAE Systems to an “underweight” rating in a research note to investors on Friday. They now have a GBX 380 ($6.24) price target on the stock. Separately, analysts at BNP Paribas reiterated a “neutral” rating on shares of BAE Systems in a research note to investors on Wednesday, January 29th. They now have a GBX 475 ($7.81) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of BAE Systems in a research note to investors on Tuesday, January 28th. They now have a GBX 146 ($2.40) price target on the stock. Six analysts have rated the stock with a sell rating, five have assigned a hold rating and six have assigned a buy rating to the company. BAE Systems currently has an average rating of “Hold” and an average price target of GBX 414.07 ($6.80).

Shares of BAE Systems (LON:BA) traded down 1.24% on Monday, hitting GBX 423.80. The stock had a trading volume of 7,417,573 shares. BAE Systems has a 52-week low of GBX 324.70 and a 52-week high of GBX 471.00. The stock has a 50-day moving average of GBX 230.4 and a 200-day moving average of GBX 322.3. The company’s market cap is £13.744 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.