BAE Systems (LON:BA)‘s stock had its “reduce” rating reiterated by Natixis in a research note issued on Monday, American Banking and Market News reports. They currently have a GBX 400 ($6.54) target price on the stock. Natixis’ target price indicates a potential downside of 3.80% from the stock’s previous close.
A number of other analysts have also recently weighed in on BA. Analysts at Espirito Santo Investment Bank Research reiterated a “buy” rating on shares of BAE Systems in a research note to investors on Thursday. They now have a GBX 510 ($8.34) price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of BAE Systems from GBX 415 ($6.79) to GBX 425 ($6.95) in a research note to investors on Thursday. They now have a “hold” rating on the stock. Finally, analysts at RBC Capital upgraded shares of BAE Systems to a “neutral” rating in a research note to investors on Tuesday, December 3rd. They now have a GBX 450 ($7.36) price target on the stock, up previously from GBX 420 ($6.87). Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 434.11 ($7.10).
Shares of BAE Systems (LON:BA) opened at 415.00 on Monday. BAE Systems has a one year low of GBX 324.70 and a one year high of GBX 471.00. The stock has a 50-day moving average of GBX 292.9 and a 200-day moving average of GBX 351.3. The company’s market cap is £13.458 billion.
BAE Systems plc (LON:BA) is a global defence, aerospace and security company.
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