BAE Systems (BA) Receives “Conviction-Buy” Rating from Goldman Sachs Group
Other analysts also recently issued reports about the stock. Jefferies Group reaffirmed a hold rating and set a GBX 615 ($8.50) price objective on shares of BAE Systems in a report on Monday, December 11th. Citigroup reaffirmed a buy rating on shares of BAE Systems in a report on Friday, November 24th. JPMorgan Chase & Co. lowered their price target on shares of BAE Systems from GBX 595 ($8.22) to GBX 555 ($7.67) and set a neutral rating for the company in a research note on Friday, January 5th. Kepler Capital Markets reissued a buy rating and issued a GBX 700 ($9.67) price target on shares of BAE Systems in a research note on Thursday, December 14th. Finally, Deutsche Bank reissued a buy rating and issued a GBX 730 ($10.09) price target on shares of BAE Systems in a research note on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average target price of GBX 651.58 ($9.00).
Shares of BAE Systems (BA) opened at GBX 579.20 ($8.00) on Monday. BAE Systems has a fifty-two week low of GBX 533.50 ($7.37) and a fifty-two week high of GBX 682.50 ($9.43). The stock has a market cap of $18,240.00 and a price-to-earnings ratio of 1,755.15.
ILLEGAL ACTIVITY NOTICE: “BAE Systems (BA) Receives “Conviction-Buy” Rating from Goldman Sachs Group” was reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this story on another publication, it was illegally stolen and reposted in violation of international copyright and trademark law. The correct version of this story can be viewed at https://theolympiareport.com/2018/02/15/bae-systems-ba-receives-conviction-buy-rating-from-goldman-sachs-group.html.
BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.
Receive News & Ratings for BAE Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems and related companies with MarketBeat.com's FREE daily email newsletter.