BAE Systems (OTCMKTS:BAESY) was upgraded by research analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a report released on Friday, The Fly reports.
A number of other brokerages also recently weighed in on BAESY. Zacks Investment Research raised shares of BAE Systems from a “sell” rating to a “hold” rating in a report on Wednesday. ValuEngine downgraded shares of BAE Systems from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Finally, Berenberg Bank raised shares of BAE Systems from a “hold” rating to a “buy” rating in a report on Tuesday, April 24th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $38.00.
BAE Systems opened at $33.66 on Friday, according to Marketbeat. The company has a current ratio of 1.09, a quick ratio of 0.98 and a debt-to-equity ratio of 0.85. The firm has a market cap of $26.31 billion, a price-to-earnings ratio of 16.50, a PEG ratio of 2.48 and a beta of 0.83. BAE Systems has a 1 year low of $28.51 and a 1 year high of $35.75.
BAE Systems Company Profile
BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and 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, and hybrid electric drive systems.
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