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

Shares of BAE Systems plc (LON:BA) have received an average recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 2,021.40.

Several research firms recently issued reports on BA. Berenberg Bank restated a “hold” rating and issued a GBX 1,850 target price on shares of BAE Systems in a report on Wednesday, November 12th. Jefferies Financial Group lowered BAE Systems to a “hold” rating and lifted their price objective for the stock from GBX 2,060 to GBX 2,120 in a research report on Monday, February 2nd.

Insiders Place Their Bets

In other BAE Systems news, insider Ewan Kirk purchased 10,000 shares of the company’s stock in a transaction on Friday, December 5th. The shares were purchased at an average cost of GBX 1,678 per share, with a total value of £167,800. Insiders purchased 10,015 shares of company stock valued at $16,810,420 in the last ninety days. Insiders own 0.14% of the company’s stock.

BAE Systems Stock Performance

LON:BA opened at GBX 2,118 on Friday. The company has a market capitalization of £65.57 billion, a PE ratio of 36.34, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a 50 day simple moving average of GBX 1,936.92 and a two-hundred day simple moving average of GBX 1,864.17. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. BAE Systems has a fifty-two week low of GBX 1,012.50 and a fifty-two week high of GBX 1,415.25.

BAE Systems (LON:BA) last issued its quarterly earnings results on Wednesday, February 18th. The company reported GBX 75.20 earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Research analysts anticipate that BAE Systems will post 73.537927 earnings per share for the current year.

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.