Bae Systems (LON:BA) Rating Reaffirmed
RBC Capital Markets now has a GBX 570.00 target on the 16.44 billion GBP market cap company or 10.68% upside potential. In analysts note finalized on Thursday morning, Bae Systems (LON:BA) shares have had their Outperform Rating maintained by stock research analysts at RBC Capital Markets.
From a total of 18 analysts covering BAE Systems Plc (LON:BA) stock, 11 rate it a ”Buy”, 4 a “Sell”, and 7 a ”Hold”. This means that 50% of the ratings are positive. The highest target price is GBX 611 while the lowest target price is GBX 390. The mean of all analyst targets is GBX 524.5 with a 2.46% above today’s (GBX 515.25) stock price. BAE Systems Plc was the topic of 56 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 1 with “Outperform” rating. Haitong Securities maintained shares with “Buy” rating and GBX 560 target share price in a report from a November 18. Jefferies maintained BA stock in a recent report from November 24 with “Buy” rating. Berenberg maintained the rating on November 18. Berenberg has a “Buy” rating and a GBX 570 price target on shares. Finally, Investec upgraded the stock to “Buy” rating in a report issued on a November 20.
Approximately 2.48 million shares of stock traded hands. BAE Systems plc (LON:BA) has risen 2.60% since May 6, 2015 and is uptrending. It has outperformed by 2.89% the S&P500.
BAE Systems plc is a defense, aerospace and security company. The company has a market cap of 16.45 billion GBP.
According to Zacks Investment Research, “The Boeing Company is one of the world’s major aerospace firms. The company operates in three principal segments: commercial airplanes; military aircraft and missiles; and space and communications.” Get a free copy of the Zacks research report on BAE Systems plc (BA).