BAE Systems (LON:BA) Price Target Raised to GBX 1,725

BAE Systems (LON:BA) had its target price boosted by JPMorgan Chase & Co. from GBX 1,630 ($21.01) to GBX 1,725 ($22.24) in a research report sent to investors on Monday morning, Marketbeat.com reports. The brokerage currently has an overweight rating on the stock.

A number of other research firms also recently commented on BA. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,510 ($19.46) target price on shares of BAE Systems in a research report on Thursday, February 20th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,440 ($18.56) target price on shares of BAE Systems in a research report on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, BAE Systems presently has an average rating of “Moderate Buy” and an average price target of GBX 1,513 ($19.50).

BAE Systems Stock Performance

Shares of BAE Systems stock opened at GBX 1,569.50 ($20.23) on Monday. 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 stock has a market cap of £48.59 billion, a price-to-earnings ratio of 26.93, a PEG ratio of 3.33 and a beta of 0.33. The firm’s 50-day moving average is GBX 1,241.48 and its 200 day moving average is GBX 1,270.16. BAE Systems has a 1 year low of GBX 1,012.50 ($13.05) and a 1 year high of GBX 1,415.25 ($18.24).

BAE Systems (LON:BA) last released its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.88) earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Sell-side analysts anticipate that BAE Systems will post 73.537927 EPS 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.