BAE Systems PLC’s Outperform Rating Reaffirmed at RBC Capital (BAESY)
Several other analysts have also recently commented on the stock. Analysts at Investec downgraded shares of BAE Systems PLC to a “hold” rating in a research note on Tuesday, June 24th. Separately, 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold”.
Shares of BAE Systems PLC (NASDAQ:BAESY) traded down 1.82% during mid-day trading on Tuesday, hitting $28.94. 109,386 shares of the company’s stock traded hands. BAE Systems PLC has a 1-year low of $24.79 and a 1-year high of $30.24. The stock has a 50-day moving average of $28.77 and a 200-day moving average of $28.08. The company has a market cap of $23.203 billion and a P/E ratio of 82.79.
BAE Systems plc (NASDAQ:BAESY) is a global defence, aerospace and security company.
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