Morgan Stanley Reaffirms Equal weight Rating for BAE Systems (BA)

BAE Systems (LON:BA)‘s stock had its “equal weight” rating reiterated by equities researchers at Morgan Stanley in a research note issued on Thursday. They presently have a GBX 550 ($7.60) target price on the stock. Morgan Stanley’s price objective would indicate a potential downside of 6.46% from the company’s current price.

BA has been the topic of several other reports. Kepler Capital Markets restated a “buy” rating and set a GBX 700 ($9.67) price target on shares of BAE Systems in a report on Thursday, December 14th. Citigroup restated a “buy” rating and set a GBX 720 ($9.95) price target on shares of BAE Systems in a report on Monday, December 11th. Goldman Sachs Group restated a “conviction-buy” rating and set a GBX 750 ($10.36) price target on shares of BAE Systems in a report on Friday, November 24th. Jefferies Group restated a “hold” rating and set a GBX 615 ($8.50) price target on shares of BAE Systems in a report on Thursday, November 23rd. Finally, Deutsche Bank restated a “buy” rating and set a GBX 730 ($10.09) price target on shares of BAE Systems in a report on Wednesday, February 7th. One analyst has rated the stock with a sell rating, five have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of GBX 643.77 ($8.89).

Shares of BAE Systems (LON BA) opened at GBX 588 ($8.12) on Thursday. The firm has a market capitalization of $18,740.00 and a PE ratio of 1,781.82. BAE Systems has a twelve month low of GBX 533.50 ($7.37) and a twelve month high of GBX 682.50 ($9.43).

ILLEGAL ACTIVITY WARNING: This article was first published by Week Herald and is owned by of Week Herald. If you are reading this article on another website, it was illegally stolen and reposted in violation of international trademark & copyright laws. The legal version of this article can be accessed at https://weekherald.com/2018/02/15/morgan-stanley-reaffirms-equal-weight-rating-for-bae-systems-ba.html.

About BAE Systems

BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.

Analyst Recommendations for BAE Systems (LON:BA)

Receive News & Ratings for BAE Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply