BAE Systems’ (BA) “Buy” Rating Reiterated at Berenberg Bank

BAE Systems (LON:BA)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research note issued on Wednesday,Digital Look reports. They presently have a GBX 1,440 ($18.17) target price on the stock. Berenberg Bank’s price target indicates a potential upside of 7.74% from the company’s current price.

BAE Systems Stock Performance

Shares of BA traded down GBX 1.50 ($0.02) during midday trading on Wednesday, reaching GBX 1,336.50 ($16.86). The stock had a trading volume of 8,318,980 shares. The firm has a 50 day simple moving average of GBX 1,196.54 and a 200-day simple moving average of GBX 1,263.65. BAE Systems has a one year low of GBX 1,012.50 ($12.77) and a one year high of GBX 1,415.25 ($17.85). The firm has a market cap of £41.38 billion, a PE ratio of 22.93, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02.

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.