BAE Systems’ (BA) Equal weight Rating Reaffirmed at Barclays

Barclays reaffirmed their equal weight rating on shares of BAE Systems (LON:BA) in a research report released on Thursday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently weighed in on BA. Deutsche Bank began coverage on Target in a research note on Monday, July 15th. They set a hold rating and a $85.00 price objective for the company. UBS Group upgraded to a neutral rating and upped their price objective for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. JPMorgan Chase & Co. restated a neutral rating on shares of SUZUKI MTR CORP/ADR in a research note on Wednesday, July 17th. Finally, Credit Suisse Group restated an outperform rating and set a GBX 1,206 ($15.76) price objective on shares of in a research note on Thursday, June 27th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of GBX 608 ($7.94).

Shares of LON BA opened at GBX 523.20 ($6.84) on Thursday. The company has a quick ratio of 0.81, a current ratio of 1.03 and a debt-to-equity ratio of 76.88. The stock has a market cap of $16.76 billion and a PE ratio of 16.77. BAE Systems has a 1-year low of GBX 439.40 ($5.74) and a 1-year high of GBX 678.80 ($8.87). The stock’s fifty day moving average is GBX 488.46.

BAE Systems Company Profile

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

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