Deutsche Bank Aktiengesellschaft Issues Positive Forecast for BAE Systems (LON:BA) Stock Price

BAE Systems (LON:BA) had its target price upped by Deutsche Bank Aktiengesellschaft from GBX 2,140 to GBX 2,325 in a research report issued to clients and investors on Monday,Digital Look reports. The firm presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 3.61% from the company’s previous close.

Several other brokerages have also recently weighed in on BA. Royal Bank Of Canada restated a “sector perform” rating and issued a GBX 2,200 price target on shares of BAE Systems in a research report on Tuesday. JPMorgan Chase & Co. increased their price objective on shares of BAE Systems from GBX 2,400 to GBX 2,450 and gave the company an “overweight” rating in a research report on Friday, July 31st. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,100 price objective on shares of BAE Systems in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 2,275.

BAE Systems Stock Performance

LON BA opened at GBX 2,244 on Monday. The company has a debt-to-equity ratio of 73.96, a current ratio of 1.02 and a quick ratio of 0.91. BAE Systems has a 1-year low of GBX 1,012.50 and a 1-year high of GBX 1,415.25. The business has a 50 day simple moving average of GBX 1,932.44 and a two-hundred day simple moving average of GBX 2,036.43. The stock has a market capitalization of £69.47 billion, a PE ratio of 38.50, a P/E/G ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX 38.90 earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 17.49% and a net margin of 7.19%. On average, research analysts predict that BAE Systems will post 73.537927 EPS for the current fiscal year.

Insider Activity at BAE Systems

In other BAE Systems news, insider Brad Greve purchased 2,760 shares of BAE Systems stock in a transaction dated Friday, June 5th. The shares were purchased at an average cost of GBX 1,909 per share, for a total transaction of £52,688.40. Insiders purchased a total of 2,784 shares of company stock worth $5,304,824 over the last quarter. Corporate insiders own 0.14% of the company’s stock.

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.