BAE Systems plc Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (BA)
BAE Systems plc (LON:BA)‘s stock had its “buy” rating restated by research analysts at Espirito Santo Investment Bank Research in a report released on Friday. They currently have a GBX 510 ($8.56) target price on the stock. Espirito Santo Investment Bank Research’s price objective suggests a potential upside of 17.05% from the stock’s previous close.
Shares of BAE Systems plc (LON:BA) opened at 439.20 on Friday. BAE Systems plc has a 52-week low of GBX 374.10 and a 52-week high of GBX 471.00. The stock’s 50-day moving average is GBX 196.9 and its 200-day moving average is GBX 246.7. The company’s market cap is £13.945 billion.
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 Friday. They now have a GBX 360 ($6.04) price target on the stock. Separately, 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. 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 company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 432.55 ($7.26).
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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