BAE Systems plc Rating Reiterated by Jefferies Group (BA)
BAE Systems plc (LON:BA)‘s stock had its “buy” rating reissued by equities researchers at Jefferies Group in a research report issued on Friday. They currently have a GBX 500 ($8.36) price objective on the stock. Jefferies Group’s price objective suggests a potential upside of 13.25% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of BAE Systems plc in a research note on Friday, August 15th. They now have a GBX 510 ($8.53) 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, August 15th. They now have a GBX 360 ($6.02) 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 ($8.19) price target on the stock. Seven investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 432.55 ($7.23).
Shares of BAE Systems plc (LON:BA) opened at 442.50 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 174.3 and a 200-day moving average of GBX 240.8. The company’s market cap is £14.049 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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