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

BAE Systems (LON:BA)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank Aktiengesellschaft in a report issued on Thursday, MarketBeat reports. They presently have a GBX 1,510 ($19.00) target price on the stock. Deutsche Bank Aktiengesellschaft’s target price would suggest a potential upside of 12.27% from the company’s current price.

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,440 ($18.12) target price on shares of BAE Systems in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, BAE Systems has an average rating of “Moderate Buy” and an average target price of GBX 1,468 ($18.47).

BAE Systems Trading Up 0.6 %

BA traded up GBX 8.50 ($0.11) on Thursday, hitting GBX 1,345 ($16.92). The company had a trading volume of 8,276,159 shares. 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 firm 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 moving average price is GBX 1,199.69 and its 200 day moving average price is GBX 1,264.16. BAE Systems has a 1 year low of GBX 1,012.50 ($12.74) and a 1 year 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 for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. As a group, equities analysts expect 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.