BAE Systems plc Lifted to “Buy” at Bank of America (BA)
Shares of BAE Systems plc (LON:BA) opened at 456.11 on Monday. BAE Systems plc has a 1-year low of GBX 374.10 and a 1-year high of GBX 471.00. The stock’s 50-day moving average is GBX 140.6 and its 200-day moving average is GBX 230.6. The company’s market cap is £14.481 billion.
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities reiterated a “sell” rating on shares of BAE Systems plc in a research note on Monday. They now have a GBX 360 ($5.97) 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 Wednesday, August 27th. They now have a GBX 490 ($8.13) price target on the stock. Finally, 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 ($8.30) price target on the stock. Six research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 433.63 ($7.20).
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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