BAE Systems’ (BA) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of BAE Systems (LON:BA) in a research note published on Thursday, MarketBeat Ratings reports. The brokerage currently has a GBX 1,510 ($19.08) target price on the stock.

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,440 ($18.19) target price on shares of BAE Systems in a report on Wednesday. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of GBX 1,468 ($18.55).

BAE Systems Price Performance

Shares of LON BA opened at GBX 1,255.50 ($15.86) on Thursday. The stock has a market cap of £38.87 billion, a price-to-earnings ratio of 21.54, a PEG 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. The company’s 50-day moving average price is GBX 1,204.02 and its 200 day moving average price is GBX 1,264.71. BAE Systems has a 52 week low of GBX 1,012.50 ($12.79) and a 52 week high of GBX 1,415.25 ($17.88).

BAE Systems (LON:BA) last released its 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 net margin of 7.49% and a return on equity of 16.87%. As a group, research analysts forecast that BAE Systems will post 73.537927 earnings per share for the current fiscal 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.