Beaufort Securities reissued their buy rating on shares of BAE Systems plc (LON:BA) in a research note published on Friday.
A number of other brokerages also recently commented on BA. Jefferies Group reissued a buy rating and issued a GBX 600 ($7.43) price objective on shares of BAE Systems plc in a research report on Friday, September 16th. Goldman Sachs Group Inc. increased their price objective on shares of BAE Systems plc from GBX 653 ($8.08) to GBX 671 ($8.30) and gave the company a conviction-buy rating in a research report on Monday, September 5th. JPMorgan Chase & Co. reissued an overweight rating and issued a GBX 625 ($7.74) price objective on shares of BAE Systems plc in a research report on Wednesday, September 14th. Barclays PLC restated an underweight rating and issued a GBX 430 ($5.32) target price on shares of BAE Systems plc in a report on Wednesday, September 21st. Finally, BNP Paribas upped their target price on shares of BAE Systems plc from GBX 541 ($6.70) to GBX 565 ($6.99) and gave the company an outperform rating in a report on Friday, July 29th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of Buy and a consensus target price of GBX 558.56 ($6.91).
BAE Systems plc (LON:BA) opened at 541.00 on Friday. BAE Systems plc has a 12-month low of GBX 433.00 and a 12-month high of GBX 557.53. The stock’s market cap is GBX 17.14 billion. The firm has a 50-day moving average of GBX 538.65 and a 200-day moving average of GBX 513.83.
In related news, insider Charles Woodburn purchased 26,498 shares of the business’s stock in a transaction dated Thursday, September 22nd. The stock was acquired at an average price of GBX 536 ($6.63) per share, for a total transaction of £142,029.28 ($175,778.81).