BAE Systems’ (BA) Buy Rating Reiterated at Berenberg Bank

Berenberg Bank reissued their buy rating on shares of BAE Systems (LON:BA) in a research note published on Wednesday, Marketbeat Ratings reports. They currently have a GBX 1,440 ($18.19) price target on the stock.

BAE Systems Trading Down 4.5 %

Shares of BA stock opened at GBX 1,284 ($16.22) on Wednesday. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. The stock has a 50 day simple moving average of GBX 1,204.02 and a 200-day simple moving average of GBX 1,264.74. The company has a market cap of £39.75 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 3.33 and a beta of 0.33. BAE Systems has a 1-year low of GBX 1,012.50 ($12.79) and a 1-year high of GBX 1,415.25 ($17.88).

BAE Systems (LON:BA) last announced its earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.87) EPS for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. On average, equities research analysts expect that BAE Systems will post 73.537927 EPS for the current fiscal year.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.