Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for BAE Systems (LON:BA)

BAE Systems (LON:BA - Get Free Report)'s stock had its "buy" rating reiterated by Deutsche Bank Aktiengesellschaft in a report issued on Thursday, MarketBeat.com reports. They currently have a GBX 1,510 ($19.06) price objective on the stock. Deutsche Bank Aktiengesellschaft's price objective would suggest a potential upside of 20.27% from the company's previous close.

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 1,440 ($18.17) price target on shares of BAE Systems in a report on Wednesday, February 19th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, BAE Systems presently has a consensus rating of "Moderate Buy" and a consensus target price of GBX 1,468 ($18.53).

BAE Systems Stock Down 2.2 %

BA stock traded down GBX 28.50 ($0.36) during mid-day trading on Thursday, hitting GBX 1,255.50 ($15.84). 7,994,731 shares of the company were exchanged. The company has a market capitalization of £38.87 billion, a PE ratio of 21.54, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. 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 twelve month low of GBX 1,012.50 ($12.78) and a twelve month high of GBX 1,415.25 ($17.86). The firm has a fifty day simple moving average of GBX 1,205.15 and a 200 day simple moving average of GBX 1,264.40.

BAE Systems (LON:BA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The company reported GBX 68.50 ($0.86) earnings per share for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. On average, research analysts forecast that BAE Systems will post 73.537927 earnings per share for the current fiscal year.

About BAE Systems

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.