JP Morgan Cazenove announced BAE Systems Plc (LON:BA), boosting its stock price target to 655.00GBX today
- Updated: October 9, 2016
In a report released on 10/10/2016 JP Morgan Cazenove increased the stock price target of BAE Systems Plc (LON:BA) from 625.00GBX to 655.00GBX reporting a possible upside of 0.20%.
Just yesterday BAE Systems Plc (LON:BA) traded 0.69% higher at 543.75GBX. BAE Systems Plc’s 50-day moving average is 537.33GBX and its 200-day moving average is 512.81GBX. The last stock price is up 6.13% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,951,616 shares of BA traded hands, down from an average trading volume of 7,766,210
Recent Performance Chart
BAE Systems Plc has 52 week low of 433.00GBX and a 52 week high of 557.53GBX with a PE ratio of 18.51 and has a market cap of 0 GBX.
In addition to JP Morgan Cazenove reporting its target price, a total of 18 firms have reported on the stock. The consensus target price is 549.50GBX with 6 firms rating the stock a strong buy, 9 firms rating the stock a buy, 3 firms rating the stock a hold, 4 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About BAE Systems Plc (LON:BA)
BAE Systems plc is a defense, aerospace and security company. Its segments include Electronic Systems, which consist of the Company's United States and United Kingdom-based electronics activities; Cyber & Intelligence, which consists of its United States-based Intelligence & Security business and the United Kingdom-headquartered applied intelligence business; Platforms & Services (US), which produces combat vehicles, weapons and munitions; Platforms & Services (UK), which consist of its United Kingdom-based air, maritime, combat vehicle, munitions and shared services activities; Platforms & Services (International), which consist of the Company's businesses in Saudi Arabia, Australia and Oman, together with its interest in the MBDA joint venture, and HQ, which comprises the Company's head office activities, together with approximately 49% interest in Air Astana. Cyber & Intelligence covers the Company's cyber security, government, and commercial and financial security activities.
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