Berenberg Bank Affirms 'Buy' Rating for BAE Systems

Berenberg Bank has reaffirmed its "buy" rating for BAE Systems (LON:BA) in a recent research report shared with clients and investors. The analysts have set a price target of GBX 1,440, which is approximately $18.25. This target suggests a potential increase of about 7.06% from the stock's last closing price.

BAE Systems Share Performance

On the day of the report, BAE Systems' shares opened at GBX 1,345 (around $17.04). Within the last year, the stock has seen fluctuations, with a low of GBX 1,012.50 ($12.83) and a high of GBX 1,415.25 ($17.93). Currently, the company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91, and a current ratio of 1.03. The market capitalization stands at £41.64 billion, while the price-to-earnings ratio is recorded at 23.07. Additionally, BAE Systems has a price-to-earnings-growth ratio of 3.33 and a beta value of 0.33. The stock has a 50-day simple moving average of GBX 1,202.63 and a 200-day simple moving average of GBX 1,264.73.

Recent Earnings Release

BAE Systems announced its latest quarterly earnings on February 19, reporting earnings per share (EPS) of GBX 68.50 ($0.87) for the quarter. The company achieved a return on equity of 16.87% and a net profit margin of 7.49%. Analysts are projecting that BAE Systems will deliver an EPS of 73.54 for the current financial year.

Overview of BAE Systems

BAE Systems plc operates on a global scale, providing a range of defense, aerospace, and security solutions. The company is structured into five distinct segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment focuses on various technologies, including electronic warfare systems, navigation systems, and military communication systems.

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