RBC Capital upgraded shares of BAE Systems PLC (OTCMKTS:BAESY) from an underperform rating to a market perform rating in a research note issued to investors on Tuesday, Analyst Ratings News reports.
RBC Capital has also taken action a number of other stocks recently. The firm initiated coverage on shares of Agrium. They issued an outperform rating on that stock and set a $115.00 price target. Also, RBC Capital initiated coverage on shares of Potash Corp. They issued a sector perform rating on that stock and set a $35.00 price target. Finally, RBC Capital reiterated its outperform rating on shares of Barclays.
Shares of BAE Systems PLC (OTCMKTS:BAESY) opened at 27.60 on Tuesday. BAE Systems PLC has a one year low of $20.33 and a one year high of $30.24. The stock has a 50-day moving average of $28.87 and a 200-day moving average of $27.29. The company has a market cap of $22.377 billion and a P/E ratio of 13.39.
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