BAE Systems’ (BA) “Neutral” Rating Reiterated at JPMorgan Chase & Co.

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JPMorgan Chase & Co. restated their neutral rating on shares of BAE Systems (LON:BA) in a research report report published on Wednesday, Digital Look reports. The brokerage currently has a GBX 530 ($6.93) price objective on the stock.

A number of other research analysts have also weighed in on the stock. Barclays reaffirmed a buy rating on shares of Bayerische Motoren Werke in a research note on Friday, March 22nd. UBS Group raised shares of to a neutral rating and raised their price objective for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research note on Thursday, June 20th. Deutsche Bank began coverage on shares of Target in a research note on Monday, July 15th. They issued a hold rating and a $85.00 price objective on the stock. Finally, Credit Suisse Group reaffirmed an outperform rating and issued a GBX 1,206 ($15.76) price objective on shares of in a research note on Thursday, June 27th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. BAE Systems has a consensus rating of Buy and a consensus target price of GBX 608 ($7.94).

Shares of LON BA opened at GBX 523.20 ($6.84) on Wednesday. The company has a market capitalization of $16.76 billion and a price-to-earnings ratio of 16.77. BAE Systems has a 12-month low of GBX 439.40 ($5.74) and a 12-month high of GBX 678.80 ($8.87). The business’s fifty day moving average is GBX 488.46. The company has a debt-to-equity ratio of 76.88, a quick ratio of 0.81 and a current ratio of 1.03.

About BAE Systems

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

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