Breaking Finance News

BAE Systems Plc (LON:BA) target price held steady at 685.00GBX, issued a report today by JP Morgan Cazenove

Yesterday BAE Systems Plc (LON:BA) traded -0.16% lower at 627.00GBX. The company’s 50-day moving average is 642.54GBX and its 200-day moving average is 599.39GBX. The last closing price is up 3.19% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 1,008,689 shares of the stock were exchanged, down from an average trading volume of 8,351,150

BAE Systems Plc (LON:BA) had its target price hold steady to 685.00GBX by JP Morgan Cazenove in a report released Friday April 21, 2017. The new target price indicates a possible upside of 0.09% based on the company's last closing price.

Previously on 04/05/2017, Jefferies International reported on BAE Systems Plc (LON:BA) held steady the target price at 600.00GBX. At the time, this indicated a possible downside of -0.06%.

See Chart Below

BAE Systems Plc (LON:BA)

BAE Systems Plc has a 52 week low of 464.80GBX and a 52 week high of 657.00GBX with a P/E ratio of 21.55 The company’s market cap is currently 0 GBX.

In addition to JP Morgan Cazenove reporting its target price, a total of 18 brokers have issued a report on the stock. The consensus target price is 549.50GBX with 6 brokers rating the stock a strong buy, 9 brokers rating the stock a buy, 3 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About BAE Systems Plc (LON:BA)

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. The Platforms & Services (US) segment, with operations in the United States, United Kingdom and Sweden, produces combat vehicles, weapons and munitions. The Platforms & Services (UK) segment consists of its United Kingdom-based air, maritime, combat vehicle, munitions and shared services activities. The Platforms & Services (International) segment consists of the Company's businesses in Saudi Arabia, Australia and Oman, together with its interest in the MBDA Holdings SAS (MBDA) joint venture.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.