BAE Systems plc (LON:BA) Given Average Rating of “Moderate Buy” by Brokerages

BAE Systems plc (LON:BA) has earned an average rating of “Moderate Buy” from the six analysts that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is GBX 2,228.

Separately, Jefferies Financial Group reiterated a “hold” rating and set a GBX 2,200 price target on shares of BAE Systems in a research report on Thursday, May 7th.

BAE Systems Stock Performance

LON BA opened at GBX 1,971 on Monday. The company has a market cap of £61.02 billion, a PE ratio of 33.81, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. The stock’s 50 day simple moving average is GBX 1,901.01 and its 200-day simple moving average is GBX 2,029.99. BAE Systems has a 1-year low of GBX 1,012.50 and a 1-year high of GBX 1,415.25. The company has a debt-to-equity ratio of 76.81, a current ratio of 0.99 and a quick ratio of 0.91.

BAE Systems News Summary

Here are the key news stories impacting BAE Systems this week:

• Positive Sentiment: BAE Systems is benefiting from renewed attention on UK defense spending after CEO Charles Woodburn warned that current budgets “fall well short” of what is needed, reinforcing expectations for continued demand for defense contractors. UK complacent about war threat, warns BAE boss
• Positive Sentiment: The company unveiled “Brontanax,” its first collaborative combat aircraft concept, signaling BAE’s progress in autonomous air combat and potentially positioning it for future orders in the UK and export markets. BAE Systems unveils Brontanax, UK’s first collaborative combat aircraft
• Positive Sentiment: BAE also announced a £708 million contract extension, which supports near-term revenue visibility and could help sustain jobs and industrial activity in its UK defense operations. £708m contract extension means significant boost to BAE Systems and jobs in Lancashire’s defence industry
• Neutral Sentiment: Market commentary noted BAE Systems trading higher, but the move was largely attributed to the broader run of defense-related headlines rather than a single new financial disclosure. BAE Systems (LON:BA) Trading Up 0.8% – Here’s Why

Insiders Place Their Bets

In other BAE Systems news, insider Brad Greve bought 2,760 shares of the stock in a transaction on Friday, June 5th. The shares were bought at an average price of GBX 1,909 per share, with a total value of £52,688.40. Also, insider Tom Arseneault sold 44,140 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,032, for a total transaction of £896,924.80. Insiders acquired a total of 2,784 shares of company stock worth $5,304,824 in the last 90 days. 0.14% of the stock is currently owned by insiders.

About BAE Systems

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.