BAE Systems plc 13.2% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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BAE Systems plc with EPIC/TICKER (LON:BA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at JP Morgan Cazenove. BAE Systems plc are listed in the Industrials sector within UK Main Market. JP Morgan Cazenove have set a target price of 730 GBX on its stock. This would imply the analyst believes there is now a potential upside of 13.2% from today’s opening price of 645 GBX. Over the last 30 and 90 trading days the company share price has increased 67.2 points and increased 108.8 points respectively. The 1 year high for the share price is 648.8 GBX while the 52 week low for the share price is 439.4 GBX.

BAE Systems plc has a 50 day moving average of 582.86 GBX and a 200 Day Moving Average share price is recorded at 541.61. There are currently 3,205,542,293 shares in issue with the average daily volume traded being 6,949,600. Market capitalisation for LON:BA is £20,662,924,838 GBP.

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