10.47% to Target, RBC Capital Markets Keeps ‘Outperform’ Rating on BAE Systems (LON:BA) Shares Today


BAE Systems (LON:BA) Rating Reaffirmed

Recently, In an interesting research report issued to investors and clients on Thursday, 3 December, BAE Systems (LON:BA) shares have had their Outperform Rating maintained by professional analysts at RBC Capital Markets, who currently has a GBX 570 target on firm. This target by RBC Capital Markets would possibly suggest the possibile upside of 10.47% from the price per share.

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 2.02% above today’s (GBX 517.5) 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 2.19 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.

10.47% to Target, RBC Capital Markets Keeps ‘Outperform’ Rating on BAE Systems (LON:BA) Shares Today

BAE Systems plc is a defense, aerospace and security company. The company has a market cap of 16.52 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).