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

Berenberg Bank reiterated their buy rating on shares of BAE Systems (LON:BA) in a report published on Wednesday, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 1,440 ($18.12) price target on the stock.

BAE Systems Stock Performance

Shares of BA stock opened at GBX 1,345 ($16.92) on Wednesday. BAE Systems has a 12-month low of GBX 1,012.50 ($12.74) and a 12-month high of GBX 1,415.25 ($17.81). 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 firm has a market capitalization of £41.64 billion, a price-to-earnings ratio of 23.07, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The business has a 50 day simple moving average of GBX 1,199.69 and a 200 day simple moving average of GBX 1,264.16.

BAE Systems (LON:BA) last released its quarterly earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.86) earnings per share (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 anticipate that BAE Systems will post 73.537927 EPS for the current 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.