Analysts at Deutsche Bank Maintained their Past ‘”Hold”’ rating on Shares BAE Systems Plc (LON:BA), Set a GBX 505.00 TP


BAE Systems Plc (LON:BA) Rating Reaffirmed

The equities firm has just set a price target of GBX 505.00 on BAE Systems Plc (LON:BA) shares. This is -0.79% from the stock close price. In recent note made public on 4 December, Deutsche Bank maintained their “Hold” rating on shares of BA.

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 3.72% above today’s (GBX 509) 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.

The stock closed the day at GBX 509 during the previous session. It is down 2.29% since May 7, 2015 and is uptrending. It has outperformed by 2.58% the S&P500.

Analysts at Deutsche Bank Maintained their Past ‘

BAE Systems plc is a defense, aerospace and security company. The company has a market cap of 16.11 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).