Deutsche Bank Reduced BAE Systems (BA) Target Price to GBX 690 – BharataPress

BAE Systems (LON:BA) had its price target reduced by Deutsche Bank from GBX 720 ($9.41) to GBX 690 ($9.02) in a report issued on Tuesday, December 4th. They currently have a buy rating on the stock.

Several other research analysts also recently commented on the stock. Morgan Stanley upgraded shares of BAE Systems to an overweight rating and boosted their price objective for the company from GBX 550 ($7.19) to GBX 750 ($9.80) in a research report on Monday, August 13th. Citigroup restated a buy rating and set a GBX 750 ($9.80) price objective on shares of BAE Systems in a research report on Wednesday, September 19th. Credit Suisse Group upgraded shares of BAE Systems to an outperform rating and boosted their price objective for the company from GBX 630 ($8.23) to GBX 640 ($8.36) in a research report on Friday, November 2nd. Finally, JPMorgan Chase & Co. raised shares of BAE Systems to a neutral rating and decreased their target price for the stock from GBX 695 ($9.08) to GBX 625 ($8.17) in a research note on Friday, November 23rd. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. BAE Systems presently has a consensus rating of Buy and a consensus target price of GBX 663.18 ($8.67).

BA traded up GBX 7.30 ($0.10) during trading on Tuesday, hitting GBX 462.30 ($6.04). 4,617,623 shares of the stock traded hands, compared to its average volume ....

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