Jefferies Financial Group Issues Positive Forecast for BAE Systems (LON:BA) Stock Price

BAE Systems (LON:BA) had its price objective hoisted by investment analysts at Jefferies Financial Group from GBX 2,150 to GBX 2,200 in a research note issued to investors on Tuesday,London Stock Exchange reports. The firm presently has a “hold” rating on the stock. Jefferies Financial Group’s price objective would suggest a potential downside of 1.76% from the stock’s previous close.

Separately, Berenberg Bank boosted their price objective on 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 investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 2,228.

BAE Systems Stock Down 0.7%

Shares of LON:BA opened at GBX 2,239.50 on Tuesday. The business’s 50 day moving average is GBX 2,181.45 and its 200 day moving average is GBX 1,963.06. 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 has a 12-month low of GBX 1,012.50 and a 12-month high of GBX 1,415.25. The stock has a market cap of £69.33 billion, a price-to-earnings ratio of 38.42, a PEG ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA) last posted its quarterly earnings data on Wednesday, February 18th. The company reported GBX 75.20 earnings per share for the quarter. BAE Systems had a return on equity of 18.23% and a net margin of 7.28%. On average, sell-side analysts forecast 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.