BAE Systems (LON:BA) Given “Overweight” Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of BAE Systems (LON:BA) in a report issued on Friday morning, MarketBeat.com reports.

Other equities analysts have also issued reports about the stock. Shore Capital reiterated a buy rating on shares of BAE Systems in a report on Monday, November 13th. Berenberg Bank reissued a buy rating and issued a GBX 1,170 ($14.64) price objective on shares of BAE Systems in a research report on Monday, November 13th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has a consensus rating of Buy and an average target price of GBX 1,076.57 ($13.47).

BAE Systems Trading Up 0.5 %

LON BA opened at GBX 1,061 ($13.27) on Friday. The company has a market capitalization of £32.25 billion, a PE ratio of 1,702.42, a P/E/G ratio of 2.64 and a beta of 0.43. The company has a fifty day moving average of GBX 1,055.56 and a 200 day moving average of GBX 994.28. BAE Systems has a 1 year low of GBX 702.20 ($8.79) and a 1 year high of GBX 1,129 ($14.12). The company has a debt-to-equity ratio of 61.08, a current ratio of 1.07 and a quick ratio of 0.91.

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. 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 systems, space electronics, and electric drive propulsion systems.