Several other equities research analysts also recently weighed in on BA. Goldman Sachs Group reaffirmed a buy rating and issued a GBX 634 ($8.28) price target (down from GBX 635 ($8.30)) on shares of BAE Systems in a research note on Wednesday. UBS Group downgraded shares of BAE Systems to a neutral rating and decreased their price target for the company from GBX 720 ($9.41) to GBX 505 ($6.60) in a research note on Thursday, December 6th. JPMorgan Chase & Co. raised shares of BAE Systems to a neutral rating and decreased their price target for the company from GBX 695 ($9.08) to GBX 625 ($8.17) in a research note on Friday, November 23rd. Credit Suisse Group raised shares of BAE Systems to an outperform rating and boosted their target price for the stock from GBX 630 ($8.23) to GBX 640 ($8.36) in a research report on Friday, November 2nd. Finally, Deutsche Bank decreased their target price on shares of BAE Systems from GBX 720 ($9.41) to GBX 690 ($9.02) and set a buy rating for the company in a research report on Tuesday, December 4th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. BAE Systems has a consensus rating of Buy and a consensus target price of GBX 645.82 ($8.44).
BA opened at GBX 497 ($6.49) on Wednesday. BAE Systems has a 1-year low of GBX 533.50 ($6.97) and a 1-year high of GBX 682.50 ($8.92).
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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