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BAE Systems (BAESF) was downgraded to a Hold Rating at Deutsche Bank

Tipranks - Wed Jan 14, 7:12AM CST

In a report released today, Christophe Menard from Deutsche Bank downgraded BAE Systems to a Hold, with a price target of £21.40.

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Menard covers the Industrials sector, focusing on stocks such as Airbus Group SE, RENK Group AG, and MTU Aero Engines. According to TipRanks, Menard has an average return of 25.0% and a 68.30% success rate on recommended stocks.

In addition to Deutsche Bank , BAE Systems also received a Hold from Berenberg Bank’s George McWhirter in a report issued yesterday. However, on January 9, UBS maintained a Buy rating on BAE Systems (Other OTC: BAESF).

BAESF market cap is currently £59.91B and has a P/E ratio of 31.20.

Based on the recent corporate insider activity of 185 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BAESF in relation to earlier this year.

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