BAE Systems’ (BA) “Buy” Rating Reaffirmed at Berenberg Bank

Berenberg Bank restated their buy rating on shares of BAE Systems (LON:BA) in a report issued on Wednesday, MarketBeat reports. They currently have a GBX 1,440 ($18.12) target price on the stock.

BAE Systems Trading Up 0.6 %

LON BA opened at GBX 1,345 ($16.92) on Wednesday. The stock has a market cap of £41.64 billion, a P/E ratio of 23.07, a PEG ratio of 3.33 and a beta of 0.33. The company’s fifty day simple moving average is GBX 1,199.69 and its 200-day simple moving average is GBX 1,264.16. 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 52 week low of GBX 1,012.50 ($12.74) and a 52 week high of GBX 1,415.25 ($17.81).

BAE Systems (LON:BA) last posted its quarterly earnings data on Wednesday, February 19th. The company reported GBX 68.50 ($0.86) earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Equities research analysts predict that BAE Systems will post 73.537927 EPS 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.