BAE Systems (LON:BA) Earns “Outperform” Rating from Credit Suisse Group

Credit Suisse Group restated their outperform rating on shares of BAE Systems (LON:BA) in a research report released on Thursday, June 27th, Digital Look reports. The brokerage currently has a GBX 600 ($7.84) target price on the stock.

Several other analysts have also recently weighed in on the stock. Berenberg Bank upped their price objective on shares of BAE Systems from GBX 560 ($7.32) to GBX 590 ($7.71) and gave the stock a buy rating in a research note on Monday, March 11th. Barclays reiterated a buy rating on shares of Bayerische Motoren Werke in a research report on Friday, March 22nd. Deutsche Bank upgraded shares of RDS-A from a hold rating to a buy rating in a research report on Monday, May 13th. Goldman Sachs Group lowered shares of Grupo Aeroportr dl Pcfco SAB de CV from a buy rating to a sell rating in a research report on Tuesday, March 5th. Finally, UBS Group upgraded shares of to a neutral rating and upped their target price for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research report on Thursday, June 20th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of GBX 608 ($7.94).

BAE Systems stock traded up GBX 6 ($0.08) during trading hours on Thursday, hitting GBX 523.20 ($6.84). 13,677,263 shares of the stock were exchanged, compared to its average volume of 9,870,000. The company has a quick ratio of 0.81, a current ratio of 1.03 and a debt-to-equity ratio of 76.88. The stock has a market capitalization of $16.76 billion and a PE ratio of 16.77. BAE Systems has a 12 month low of GBX 439.40 ($5.74) and a 12 month high of GBX 678.80 ($8.87). The stock has a 50-day moving average of GBX 488.46.

About BAE Systems

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

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Analyst Recommendations for BAE Systems (LON:BA)

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