BAE Systems (LON:BA) Price Target Raised to GBX 1,725 at JPMorgan Chase & Co.

BAE Systems (LON:BA) had its target price boosted by JPMorgan Chase & Co. from GBX 1,630 ($20.71) to GBX 1,725 ($21.92) in a report published on Monday, Marketbeat.com reports. They currently have an overweight rating on the stock.

A number of other analysts have also recently weighed in on BA. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,440 ($18.30) price target on shares of BAE Systems in a research report on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,510 ($19.19) target price on shares of BAE Systems in a research report on Thursday, February 20th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,513 ($19.23).

BAE Systems Stock Performance

BAE Systems stock opened at GBX 1,611.50 ($20.48) on Monday. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. BAE Systems has a 12 month low of GBX 1,012.50 ($12.87) and a 12 month high of GBX 1,415.25 ($17.99). The company has a market cap of £49.89 billion, a price-to-earnings ratio of 27.65, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The stock’s 50-day moving average is GBX 1,224.18 and its 200-day moving average is GBX 1,266.29.

BAE Systems (LON:BA) last announced its quarterly earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.87) earnings per share for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Equities analysts anticipate 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.