BNP Paribas Downgrades BAE Systems (LON:BA) to Neutral

BNP Paribas downgraded shares of BAE Systems (LON:BA) to a neutral rating in a report published on Thursday morning, Stock Target Advisor reports. They currently have GBX 670 ($8.81) target price on the stock, up from their prior target price of GBX 615 ($8.09).

BA has been the topic of a number of other research reports. DZ Bank lifted their target price on BAE Systems from GBX 630 ($8.29) to GBX 660 ($8.68) and gave the company a buy rating in a research report on Friday, November 8th. Barclays reaffirmed an equal weight rating and set a GBX 550 ($7.23) price target on shares of BAE Systems in a research report on Wednesday, November 13th. Jefferies Financial Group reaffirmed a hold rating on shares of BAE Systems in a research report on Tuesday, January 21st. Berenberg Bank boosted their price target on BAE Systems from GBX 655 ($8.62) to GBX 750 ($9.87) and gave the stock a buy rating in a research report on Thursday. Finally, Goldman Sachs Group boosted their price target on BAE Systems from GBX 613 ($8.06) to GBX 627 ($8.25) and gave the stock a neutral rating in a research report on Friday, January 17th. Six research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. BAE Systems presently has a consensus rating of Buy and a consensus price target of GBX 652.30 ($8.58).

LON:BA opened at GBX 637.20 ($8.38) on Thursday. The company has a debt-to-equity ratio of 90.79, a quick ratio of 0.93 and a current ratio of 1.06. The stock’s 50-day simple moving average is GBX 587.68 and its 200 day simple moving average is GBX 560.59. The company has a market cap of $20.64 billion and a P/E ratio of 15.39. BAE Systems has a 52-week low of GBX 5.69 ($0.07) and a 52-week high of GBX 614.80 ($8.09).

BAE Systems Company Profile

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

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Analyst Recommendations for BAE Systems (LON:BA)

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