BAE Systems plc’s “Buy” Rating Reaffirmed at Cantor Fitzgerald Europe (BA)
BAE Systems plc (LON:BA)‘s stock had its “buy” rating restated by Cantor Fitzgerald Europe in a research note issued on Wednesday, Analyst RN reports. They currently have a GBX 490 ($8.21) price objective on the stock. Cantor Fitzgerald Europe’s target price suggests a potential upside of 12.18% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of BAE Systems plc in a research note on Thursday, February 13th. They now have a GBX 425 ($7.12) price target on the stock. Separately, analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of BAE Systems plc in a research note on Tuesday, February 11th. They now have a GBX 510 ($8.55) price target on the stock. Finally, analysts at UBS AG cut their price target on shares of BAE Systems plc from GBX 510 ($8.55) to GBX 500 ($8.38) in a research note on Monday, February 3rd. They now have a “buy” rating on the stock. Six analysts have rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 414.07 ($6.94).
Shares of BAE Systems plc (LON:BA) traded down 0.18% during mid-day trading on Wednesday, hitting GBX 436.80. 12,222,557 shares of the company’s stock traded hands. BAE Systems plc has a one year low of GBX 324.70 and a one year high of GBX 471.00. The stock has a 50-day moving average of GBX 258. and a 200-day moving average of GBX 318.7. The company’s market cap is £14.165 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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