BAE Systems (LON:BA) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

BAE Systems (LON:BA)‘s stock had its “buy” rating restated by Deutsche Bank Aktiengesellschaft in a note issued to investors on Thursday, Marketbeat.com reports. They presently have a GBX 1,510 ($19.00) price objective on the stock. Deutsche Bank Aktiengesellschaft’s price target suggests a potential upside of 12.27% from the company’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,440 ($18.12) price target on shares of BAE Systems in a research note on Wednesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 1,468 ($18.47).

BAE Systems Stock Up 0.6 %

Shares of BAE Systems stock traded up GBX 8.50 ($0.11) during trading hours on Thursday, hitting GBX 1,345 ($16.92). The company had a trading volume of 8,276,159 shares. The company’s 50-day moving average is GBX 1,199.69 and its two-hundred day moving average is GBX 1,264.16. BAE Systems has a twelve month low of GBX 1,012.50 ($12.74) and a twelve month high of GBX 1,415.25 ($17.81). The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. The company has a market cap of £41.64 billion, a P/E ratio of 23.07, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA) last posted its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.86) EPS for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Analysts anticipate that BAE Systems will post 73.537927 earnings per share for the current fiscal year.

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.