Berenberg Bank reaffirmed their buy rating on shares of BAE Systems (LON:BA - Free Report) in a research note published on Wednesday, MarketBeat Ratings reports. They currently have a GBX 1,440 ($18.19) price target on the stock.
BAE Systems Trading Down 2.2 %
BA traded down GBX 28.50 ($0.36) during trading on Wednesday, hitting GBX 1,255.50 ($15.86). 7,994,731 shares of the company's stock were exchanged. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. BAE Systems has a 1 year low of GBX 1,012.50 ($12.79) and a 1 year high of GBX 1,415.25 ($17.88). The stock has a 50 day moving average price of GBX 1,204.02 and a 200 day moving average price of GBX 1,264.71. The firm has a market cap of £38.87 billion, a P/E ratio of 21.54, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.
BAE Systems (LON:BA - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.87) earnings per share for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. As a group, analysts expect that BAE Systems will post 73.537927 EPS for the current fiscal year.
BAE Systems Company Profile
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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.
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