BAE Systems plc (LON:BA) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of BAE Systems plc (LON:BA) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 2,228.

A number of brokerages have recently weighed in on BA. Jefferies Financial Group reissued a “hold” rating and set a GBX 2,200 price target on shares of BAE Systems in a research report on Thursday, May 7th. Berenberg Bank upped their price objective on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a “hold” rating in a research report on Thursday, March 5th.

BAE Systems Stock Up 2.0%

Shares of LON BA opened at GBX 1,880 on Thursday. BAE Systems has a 52-week low of GBX 1,012.50 and a 52-week high of GBX 1,415.25. The company has a debt-to-equity ratio of 76.81, a quick ratio of 0.91 and a current ratio of 0.99. The stock has a market cap of £58.20 billion, a P/E ratio of 32.25, a P/E/G ratio of 3.33 and a beta of 0.01. The firm has a 50 day moving average price of GBX 1,942.91 and a 200 day moving average price of GBX 2,006.54.

Insider Transactions at BAE Systems

In other BAE Systems news, insider Tom Arseneault sold 44,140 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 2,032, for a total value of £896,924.80. Also, insider Brad Greve purchased 2,760 shares of the stock in a transaction on Friday, June 5th. The stock was acquired at an average price of GBX 1,909 per share, with a total value of £52,688.40. Over the last three months, insiders acquired 2,776 shares of company stock valued at $5,295,056. Insiders own 0.14% of the company’s stock.

BAE Systems Company Profile

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.