BAE Systems plc 48.4% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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BAE Systems plc using EPIC/TICKER code (LON:BA) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ 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 765 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 48.4% from today’s opening price of 515.4 GBX. Over the last 30 and 90 trading days the company share price has increased 7 points and decreased 118.6 points respectively. The 1 year high for the stock price is 672.8 GBX while the 52 week low for the stock is 428.6 GBX.

BAE Systems plc has a 50 day moving average of 556.48 GBX and a 200 Day Moving Average share price is recorded at 575.27. There are currently 3,209,121,674 shares in issue with the average daily volume traded being 11,390,522. Market capitalisation for LON:BA is £17,378,676,808 GBP.

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