BAE Systems plc (BA) Rating Reiterated by Barclays PLC

BAE Systems plc (LON:BA)‘s stock had its “underweight” rating restated by analysts at Barclays PLC in a report released on Tuesday.

Several other research analysts have also recently commented on the company. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 685 ($8.94) price target on shares of BAE Systems plc in a research note on Friday, April 21st. Jefferies Group LLC boosted their price target on BAE Systems plc from GBX 600 ($7.83) to GBX 615 ($8.03) and gave the stock a “hold” rating in a research note on Friday, May 19th. Beaufort Securities reiterated a “buy” rating on shares of BAE Systems plc in a research note on Thursday, May 11th. Deutsche Bank AG cut their price target on BAE Systems plc from GBX 665 ($8.68) to GBX 645 ($8.42) and set a “buy” rating on the stock in a research note on Thursday, May 18th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a GBX 720 ($9.40) price target on shares of BAE Systems plc in a research note on Tuesday, June 13th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of GBX 656.38 ($8.57).

BAE Systems plc (LON:BA) opened at 613.50 on Tuesday. The stock’s market cap is GBX 19.48 billion. BAE Systems plc has a 12-month low of GBX 515.00 and a 12-month high of GBX 682.50. The stock has a 50 day moving average price of GBX 656.27 and a 200-day moving average price of GBX 628.29.

ILLEGAL ACTIVITY WARNING: “BAE Systems plc (BA) Rating Reiterated by Barclays PLC” was originally published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.chaffeybreeze.com/2017/07/18/bae-systems-plc-ba-rating-reiterated-by-barclays-plc.html.

In other news, insider Peter Lynas sold 6,399 shares of the company’s stock in a transaction that occurred on Wednesday, May 24th. The stock was sold at an average price of GBX 652 ($8.51), for a total transaction of £41,721.48 ($54,480.91). Also, insider Ian King sold 11,396 shares of the company’s stock in a transaction that occurred on Thursday, May 11th. The shares were sold at an average price of GBX 639 ($8.34), for a total value of £72,820.44 ($95,090.68). Over the last ninety days, insiders have bought 68 shares of company stock valued at $43,177 and have sold 31,726 shares valued at $20,439,687.

About BAE Systems plc

BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.

Analyst Recommendations for BAE Systems plc (LON:BA)

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

Latest News

Leave a Reply