BAE Systems plc (BA) Stock Rating Reaffirmed by Jefferies Group LLC

BAE Systems plc (LON:BA)‘s stock had its “hold” rating reiterated by stock analysts at Jefferies Group LLC in a report released on Monday. They currently have a GBX 615 ($8.09) price target on the stock. Jefferies Group LLC’s target price indicates a potential upside of 13.78% from the company’s current price.

BA has been the subject of a number of other reports. Deutsche Bank AG upped their price objective on shares of BAE Systems plc from GBX 645 ($8.48) to GBX 670 ($8.81) and gave the company a “buy” rating in a research note on Thursday, August 31st. Barclays PLC reaffirmed an “underweight” rating and set a GBX 460 ($6.05) price objective on shares of BAE Systems plc in a research note on Tuesday, August 29th. J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 610 ($8.02) price objective on shares of BAE Systems plc in a research note on Wednesday, October 11th. Beaufort Securities reaffirmed a “buy” rating on shares of BAE Systems plc in a research note on Thursday, August 3rd. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “conviction-buy” rating and set a GBX 750 ($9.86) price objective on shares of BAE Systems plc in a research note on Thursday, August 24th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of GBX 649.58 ($8.54).

Shares of BAE Systems plc (BA) opened at GBX 540.50 ($7.11) on Monday. BAE Systems plc has a 52 week low of GBX 535.50 ($7.04) and a 52 week high of GBX 682.50 ($8.98).

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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)

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