BAE Systems plc Given Outperform Rating at RBC Capital (BA)
BAE Systems plc (LON:BA)‘s stock had its “outperform” rating reaffirmed by RBC Capital in a research note issued on Wednesday. They currently have a GBX 490 ($8.11) target price on the stock. RBC Capital’s target price indicates a potential upside of 11.11% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of BAE Systems plc in a research note on Friday, August 22nd. They now have a GBX 500 ($8.27) 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 Friday, August 15th. They now have a GBX 510 ($8.44) price target on the stock. Finally, 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 ($5.96) price target on the stock. Seven analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 432.55 ($7.16).
Shares of BAE Systems plc (LON:BA) opened at 441.60 on Wednesday. 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 163. and a 200-day moving average of GBX 233.7. The company’s market cap is £14.021 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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