BAE Systems PLC Downgraded by Investec to Hold (BAESY)
Several other analysts have also recently commented on the stock. Analysts at Westhouse Securities initiated coverage on shares of BAE Systems PLC in a research note on Thursday, June 19th. They set a “sell” rating on the stock. Separately, analysts at Berenberg Bank initiated coverage on shares of BAE Systems PLC in a research note on Tuesday, June 17th. They set a “hold” rating on the stock. Finally, analysts at Canaccord Genuity initiated coverage on shares of BAE Systems PLC in a research note on Monday, April 28th. They set a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold”.
Shares of BAE Systems PLC (NASDAQ:BAESY) traded up 0.31% during mid-day trading on Tuesday, hitting $29.12. 104,728 shares of the company’s stock traded hands. BAE Systems PLC has a 1-year low of $23.40 and a 1-year high of $30.24. The stock’s 50-day moving average is $28.26 and its 200-day moving average is $28.00. The company has a market cap of $23.348 billion and a P/E ratio of 81.54.
BAE Systems plc (NASDAQ:BAESY) is a global defence, aerospace and security company.
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