BAE Systems plc Given Consensus Rating of “Hold” by Brokerages (LON:BA)
Shares of BAE Systems plc (LON:BA) have earned a consensus rating of “Hold” from the twenty-two ratings firms that are covering the stock, American Banking News reports. Seven equities research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is GBX 432.55 ($7.26).
BA has been the subject of a number of recent research reports. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of BAE Systems plc in a research note on Friday. They now have a GBX 510 ($8.56) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “sell” rating on shares of BAE Systems plc in a research note on Friday. They now have a GBX 360 ($6.04) price target on the stock. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of BAE Systems plc in a research note on Friday, August 8th. They now have a GBX 490 ($8.22) price target on the stock.
Shares of BAE Systems plc (LON:BA) opened at 438.80 on Monday. BAE Systems plc has a 52-week low of GBX 374.10 and a 52-week high of GBX 471.00. The stock has a 50-day moving average of GBX 196.9 and a 200-day moving average of GBX 246.7. The company’s market cap is £13.932 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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