BAE Systems (LON:BA) Price Target Raised to GBX 2,200 at Jefferies Financial Group

BAE Systems (LON:BA) had its price objective increased by Jefferies Financial Group from GBX 2,150 to GBX 2,200 in a research note published on Tuesday morning, MarketBeat reports. Jefferies Financial Group currently has a hold rating on the stock.

Separately, Berenberg Bank lifted their price objective on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a “hold” rating in a research report on Thursday, March 5th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 2,228.

BAE Systems Stock Down 4.2%

Shares of LON:BA opened at GBX 2,145 on Tuesday. The firm’s 50 day moving average price is GBX 2,187.37 and its 200 day moving average price is GBX 1,964.32. The stock has a market cap of £66.41 billion, a price-to-earnings ratio of 36.80, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. BAE Systems has a fifty-two week low of GBX 1,012.50 and a fifty-two week high of GBX 1,415.25. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 89.65.

BAE Systems (LON:BA) last issued its earnings results on Wednesday, February 18th. The company reported GBX 75.20 earnings per share for the quarter. BAE Systems had a net margin of 7.28% and a return on equity of 18.23%. As a group, equities research analysts predict 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.