Broker tips: BAE Systems, BT, Future

2nd Oct 2023 13:06

(Sharecast News) - Berenberg upgraded defence contractor BAE Systems on Monday to 'buy' from 'hold' and lifted the price target to 1,170p from 1,050p.

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Berenberg upgrades BAE Systems to 'buy'

2nd Oct 2023 12:33

(Sharecast News) - Berenberg upgraded defence contractor BAE Systems on Monday to 'buy' from 'hold' and lifted the price target to 1,170p from 1,050p.

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BAE Systems secures £3.95bn funding for submarine contract

2nd Oct 2023 10:41

(Sharecast News) - Defence contractor BAE Systems has been awarded £3.95bn of funding from the Ministry of Defence for the next phase of the UK's next-generation nuclear-powered attack submarine programme, known as SSN-AUKUS.

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Monday newspaper round-up: Rents,.Manufacturers, BAE Systems

18th Sep 2023 07:21

(Sharecast News) - Residential rents across Britain are rising at their fastest on record as high interest rates shut would-be buyers out of the property market. Monthly rental costs are on average 12 per cent higher than they were this time last year, up £140 to breach £1,300 for the first time, according to the estate agent Hamptons. Separate research from the property website Rightmove suggests that more than a third of homes for sale have had their asking prices reduced as vendors try to drum up demand. - The Times

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London midday: Markets subdued, but stocks bounce off lows

17th Aug 2023 10:41

(Sharecast News) - Fresh concerns about US inflation and the Chinese debt crisis were weighing on market sentiment on Thursday, though the FTSE 100 was trading flat by lunchtime after bouncing off five-week lows in morning trade.

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Ball Aerospace buy puts BAE in solid position, says Shore Capital

17th Aug 2023 08:22

(Sharecast News) - BAE Systems was trading with heavy losses on Thursday after the news that it has acquired Ball Aerospace - a move which broker Shore Capital viewed as a vote of confidence for the wider defence industry.

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London open: Markets rattled by FOMC minutes

17th Aug 2023 07:41

(Sharecast News) - UK stocks slipped on Thursday, following US and Asian markets lower overnight, as investors reacted to the possibility of further interest-rate hikes by the Federal Reserve.

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London pre-open: Stocks to slip on US rate-hike fears

17th Aug 2023 07:18

(Sharecast News) - UK stocks were set to decline for the fifth straight session on Thursday after the minutes of a recent Federal Reserve meeting showed caution about taking the brakes off interest-rate hikes too soon.

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BAE buys Ball Aerospace for $5.5bn

17th Aug 2023 07:01

(Sharecast News) - BAE Systems on Thursday said it had bought Ball Corporation's aerospace business $5.55bn in cash as it looked to cash in on higher government defence spending in the wake of Russia's invasion of Ukraine.

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ShoreCap recommends using weakness to 'buy' BAE Systems shares

2nd Aug 2023 10:17

(Sharecast News) - ShoreCap termed BAE System's latest interims "a vote of confidence" and reiterated its 'buy' recommendation on the defence contractor's shares on the back of recent weakness.

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Brooker tips: BAE Systems, Chemring

2nd Aug 2023 10:04

(Sharecast News) - ShoreCap termed BAE System's latest interims "a vote of confidence" and reiterated its 'buy' recommendation on the defence contractor's shares on the back of recent weakness.

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BAE lifts FY earnings guidance as Ukraine war drives demand

2nd Aug 2023 07:02

(Sharecast News) - UK defence manufacturer BAE Systems on Wednesday lifted full-year guidance as the war in Ukraine led to increased demand for weapons, leaving the company with a record £66bn order book.

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Sunday newspaper round-up: 'Debt timebomb', Rolls-Royce, BAE Systems

30th Jul 2023 11:21

(Sharecast News) - Millions of British families are are having to borrow to pay their basic bills and expenses marking a dangerous new phase of the cost of living crisis. And with interest rates set to be hiked again over the coming week, some are warning of a "debt timebomb" among less well off households. Rising rates are in many cases also cutting of access to borrowing. Reports also suggested that struggling single parents were being targeted through social media ads with inappropriate debt repayment schemes. - Guardian

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J.P. Morgan stays 'overweight' on BAE Systems, despite possible quicker end to war

27th Jun 2023 16:19

(Sharecast News) - Analysts at J.P.Morgan retained their 'overweight' stance for BAE Systems despite speculation that the past weekend's events in Russia might foreshadow a quicker end to the war in Ukraine.

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Morgan Stanley starts 'top pick' BAE Systems at 'overweight'

13th Jun 2023 09:59

(Sharecast News) - Morgan Stanley started coverage of BAE Systems on Tuesday with an 'overweight' rating and 1,208p price target, as it initiated coverage on the European defence sector.

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