Home » Reports » Broker Ratings » BAE Systems plc 6.9% Potential Decrease Indicated by JP Morgan Cazenove
broker ratings

BAE Systems plc 6.9% Potential Decrease Indicated by JP Morgan Cazenove

BAE Systems plc using EPIC/TICKER code (LON:BA) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERWEIGHT’ today by analysts at JP Morgan Cazenove. BAE Systems plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set their target price at 600 GBX on its stock. This indicates the analyst believes there is a potential downside of -6.9% from today’s opening price of 644.2 GBX. Over the last 30 and 90 trading days the company share price has increased 39 points and increased 42.2 points respectively. The 52 week high for the share price is currently at 682.5 GBX while the 52 week low for the stock is 533.5 GBX.

BAE Systems plc has a 50 day moving average of 606.57 GBX and the 200 Day Moving Average price is recorded at 593.49. There are currently 3,192,788,610 shares in issue with the average daily volume traded being 8,772,365. Market capitalisation for LON:BA is £20,548,786,714 GBP.