BAE Systems (LON:BA) Given Buy Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their buy rating on shares of BAE Systems (LON:BA) in a report issued on Thursday morning, MarketBeat.com reports. Deutsche Bank Aktiengesellschaft currently has a GBX 1,510 ($19.13) target price on the stock.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,440 ($18.25) price target on shares of BAE Systems in a report on Wednesday. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,468 ($18.60).

BAE Systems Stock Performance

LON BA opened at GBX 1,345 ($17.04) on Thursday. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. BAE Systems has a 52-week low of GBX 1,012.50 ($12.83) and a 52-week high of GBX 1,415.25 ($17.93). The business’s 50-day moving average price is GBX 1,202.63 and its 200 day moving average price is GBX 1,264.73. The firm has a market cap of £41.64 billion, a P/E ratio of 23.07, a P/E/G ratio of 3.33 and a beta of 0.33.

BAE Systems (LON:BA) last released its quarterly earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.87) earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. On average, equities research analysts expect that BAE Systems will post 73.537927 earnings per share for the current year.

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.