BAE Systems plc Receives Outperform Rating from RBC Capital (BA)
BAE Systems plc (LON:BA)‘s stock had its “outperform” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Friday. They currently have a GBX 490 ($8.13) target price on the stock. RBC Capital’s price objective suggests a potential upside of 7.60% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Bank of America upgraded shares of BAE Systems plc to a “buy” rating in a research note on Monday. Separately, 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. 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 equities research 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 company has a consensus rating of “Hold” and a consensus target price of GBX 433.63 ($7.20).
Shares of BAE Systems plc (LON:BA) opened at 456.40 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 130.4 and its 200-day moving average is GBX 223.3. The company’s market cap is £14.491 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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