BAE Systems plc Rating Reiterated by RBC Capital (BA)
BAE Systems plc (LON:BA)‘s stock had its “outperform” rating restated by equities researchers at RBC Capital in a research report issued on Friday. They currently have a GBX 490 ($8.24) price target on the stock. RBC Capital’s price objective suggests a potential upside of 16.42% from the company’s current price.
A number of other analysts have also recently weighed in on BA. Analysts at Westhouse Securities reiterated a “sell” rating on shares of BAE Systems plc in a research note on Wednesday. They now have a GBX 360 ($6.06) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of BAE Systems plc in a research note on Monday. They now have a GBX 445 ($7.49) price target on the stock. Finally, analysts at Kepler Capital Markets reiterated a “hold” rating on shares of BAE Systems plc in a research note on Friday, August 1st. They now have a GBX 440 ($7.40) price target on the stock. Seven analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 432.55 ($7.28).
Shares of BAE Systems plc (LON:BA) opened at 420.333 on Friday. BAE Systems plc has a one year low of GBX 374.10 and a one year high of GBX 471.00. The stock has a 50-day moving average of GBX 208.1 and a 200-day moving average of GBX 252.8. The company’s market cap is £13.346 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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