BAE Systems’ (BA) Overweight Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their overweight rating on shares of BAE Systems (LON:BA) in a research note issued to investors on Thursday, Marketbeat reports. The firm currently has a GBX 1,500 ($19.40) price target on the stock.

Separately, Deutsche Bank Aktiengesellschaft increased their price target on shares of BAE Systems from GBX 1,290 ($16.68) to GBX 1,440 ($18.62) and gave the company a buy rating in a research report on Friday, April 12th. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of Moderate Buy and an average price target of GBX 1,402 ($18.13).

BAE Systems Trading Up 1.8 %

Shares of BA opened at GBX 1,272.50 ($16.46) on Thursday. The company has a quick ratio of 0.91, a current ratio of 1.08 and a debt-to-equity ratio of 62.47. The business’s fifty day moving average is GBX 1,331.09 and its 200-day moving average is GBX 1,295.19. The firm has a market capitalization of £38.56 billion, a price-to-earnings ratio of 2,120.83, a P/E/G ratio of 3.93 and a beta of 0.36.

Insider Buying and Selling at BAE Systems

In other BAE Systems news, insider Charles Woodburn sold 485,694 shares of the business’s stock in a transaction on Tuesday, June 4th. The stock was sold at an average price of GBX 1,389 ($17.96), for a total value of £6,746,289.66 ($8,725,154.76). In the last three months, insiders acquired 35 shares of company stock worth $46,394. Insiders own 0.36% of the company’s stock.

About BAE Systems

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.