BAE Systems (LON:BA) Price Target Raised to GBX 2,200

BAE Systems (LON:BA) had its target price boosted by Jefferies Financial Group from GBX 2,150 to GBX 2,200 in a research report released on Tuesday morning, MarketBeat.com reports. Jefferies Financial Group currently has a hold rating on the stock.

Separately, Berenberg Bank boosted their target price on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a “hold” rating in a research report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,228.

BAE Systems Stock Performance

Shares of LON BA opened at GBX 2,113 on Tuesday. The company has a debt-to-equity ratio of 89.65, a current ratio of 0.99 and a quick ratio of 0.91. BAE Systems has a one year low of GBX 1,012.50 and a one year high of GBX 1,415.25. The business’s 50-day moving average price is GBX 2,195.54 and its two-hundred day moving average price is GBX 1,966.61. The company has a market capitalization of £65.42 billion, a P/E ratio of 36.25, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA) last posted its quarterly earnings results on Wednesday, February 18th. The company reported GBX 75.20 earnings per share for the quarter. BAE Systems had a return on equity of 18.23% and a net margin of 7.28%. Analysts anticipate that BAE Systems will post 73.537927 earnings per share for the current fiscal year.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.