Deutsche Bank Aktiengesellschaft Reiterates Buy Rating for BAE Systems (LON:BA)

BAE Systems (LON:BA)‘s stock had its “buy” rating reiterated by analysts at Deutsche Bank Aktiengesellschaft in a research note issued on Thursday, Marketbeat reports. They presently have a GBX 1,510 ($19.08) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price would indicate a potential upside of 17.60% from the stock’s current price.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 1,440 ($18.19) price objective on shares of BAE Systems in a research note on Wednesday. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,468 ($18.55).

BAE Systems Stock Down 4.5 %

Shares of BA opened at GBX 1,284 ($16.22) on Thursday. 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). The firm’s 50-day simple moving average is GBX 1,204.02 and its 200 day simple moving average is GBX 1,264.74. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. The firm has a market cap of £39.75 billion, a P/E ratio of 22.03, a price-to-earnings-growth 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) EPS for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. On average, analysts forecast that BAE Systems will post 73.537927 earnings per share for the current year.

About BAE Systems

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.