Goldman Sachs Group, Inc. (The) reiterated their conviction-buy rating on shares of BAE Systems plc (LON:BA) in a research note issued to investors on Thursday. They currently have a GBX 750 ($9.74) price objective on the stock.

Several other equities research analysts also recently weighed in on the company. J P Morgan Chase & Co cut their price target on BAE Systems plc from GBX 630 ($8.18) to GBX 610 ($7.92) and set a neutral rating on the stock in a report on Friday, August 4th. Barclays PLC restated an underweight rating and set a GBX 460 ($5.97) price target on shares of BAE Systems plc in a report on Friday, August 4th. Beaufort Securities restated a buy rating on shares of BAE Systems plc in a report on Thursday, August 3rd. Kepler Capital Markets restated a buy rating and set a GBX 700 ($9.09) price target on shares of BAE Systems plc in a report on Tuesday, July 25th. Finally, Credit Suisse Group restated a neutral rating and set a GBX 610 ($7.92) price target on shares of BAE Systems plc in a report on Tuesday, July 11th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. BAE Systems plc presently has an average rating of Buy and a consensus target price of GBX 653.85 ($8.49).

Shares of BAE Systems plc (LON BA) traded down 0.50% during midday trading on Thursday, reaching GBX 599.00. 5,170,806 shares of the company’s stock traded hands. The firm’s market capitalization is GBX 19.04 billion. The stock’s 50-day moving average price is GBX 600.50 and its 200 day moving average price is GBX 630.15. BAE Systems plc has a one year low of GBX 516.48 and a one year high of GBX 682.50.

ILLEGAL ACTIVITY WARNING: This piece of content was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another site, it was illegally copied and reposted in violation of US & international copyright & trademark laws. The correct version of this piece of content can be viewed at

The company also recently declared a dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, October 19th will be paid a dividend of GBX 8.80 ($0.11) per share. The ex-dividend date of this dividend is Thursday, October 19th. This represents a yield of 1.51%.

In other news, insider Roger Carr purchased 33,869 shares of the company’s stock in a transaction that occurred on Thursday, August 3rd. The shares were purchased at an average price of GBX 591 ($7.67) per share, for a total transaction of £200,165.79 ($259,854.33). Insiders have purchased a total of 33,939 shares of company stock worth $20,059,550 in the last 90 days.

About BAE Systems plc

BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.

Analyst Recommendations for BAE Systems plc (LON:BA)

Receive News & Stock Ratings for BAE Systems plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems plc and related stocks with our FREE daily email newsletter.