Jefferies Group reaffirmed their buy rating on shares of BAE Systems (LON:BA) in a research note issued to investors on Wednesday, Analyst RN reports. The firm currently has a GBX 350 ($5.61) price target on the stock.
Jefferies Group has also modified their ratings on a number of other stocks in the few days. The firm reiterated its buy rating on shares of CRH PLC. Also, Jefferies Group lowered its price target on shares of Novatel Wireless from $4.00 to $2.50. They have a hold rating on that stock. Finally, Jefferies Group raised its price target on shares of DexCom from $27.00 to $40.00. They have a buy rating on that stock.
A number of other analysts have also recently weighed in on BA. Analysts at UBS AG reiterated a buy rating on shares of BAE Systems in a research note to investors on Thursday. They now have a GBX 490 ($7.86) price target on the stock. Five investment analysts have rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. BAE Systems has an average rating of Hold and an average price target of GBX 427.11 ($6.85).
BAE Systems (LON:BA) traded down 0.70% on Wednesday, hitting GBX 457.00. The stock had a trading volume of 4,862,101 shares. BAE Systems has a 52-week low of GBX 300.80 and a 52-week high of GBX 471.00. The stock’s 50-day moving average is GBX 340. and its 200-day moving average is GBX 360.3. The company’s market cap is £14.821 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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