BAE Systems PLC
BA.: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 8,441.00 | Qqjbq | Bffbclt |
BAE Systems: Increasing Fair Value Estimate on Improved Defense Spending Outlook
We are maintaining our wide moat rating and raising our fair value estimate for BAE Systems to GBX 1,170/$59 per share to reflect our outlook for higher defense spending over the medium term, programs moving toward full-rate production, and performance improvements.