Berenberg Bank Trims BAE Systems (BA) Target Price to GBX 590

Share on StockTwits

BAE Systems (LON:BA) had its target price reduced by Berenberg Bank from GBX 700 ($9.15) to GBX 590 ($7.71) in a report published on Wednesday morning. They currently have a buy rating on the stock.

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).

About BAE Systems

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.

Read More: What is cost of equity?

Analyst Recommendations for BAE Systems (LON:BA)

Receive News & Ratings for BAE Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Goldman Sachs Group Cuts ASOS  Price Target to GBX 4,000
Goldman Sachs Group Cuts ASOS Price Target to GBX 4,000
JPMorgan Chase & Co. Reaffirms Neutral Rating for Bodycote
JPMorgan Chase & Co. Reaffirms Neutral Rating for Bodycote
Q3 2020 EPS Estimates for Franklin Covey Co.  Boosted by Analyst
Q3 2020 EPS Estimates for Franklin Covey Co. Boosted by Analyst
Berenberg Bank Trims BAE Systems  Target Price to GBX 590
Berenberg Bank Trims BAE Systems Target Price to GBX 590
FY2020 Earnings Estimate for Texas Capital Bancshares Inc  Issued By Piper Jaffray Companies
FY2020 Earnings Estimate for Texas Capital Bancshares Inc Issued By Piper Jaffray Companies
S Split  Sets New 1-Year Low at $5.35
S Split Sets New 1-Year Low at $5.35


Leave a Reply

© 2006-2019 Ticker Report