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BAE Systems PLC (NASDAQ:BAESY)‘s stock had its “buy” rating reiterated by investment analysts at Espirito Santo Investment Bank Research in a note issued to investors on Friday.

BAE Systems PLC (NASDAQ:BAESY) traded down 0.31% during mid-day trading on Friday, hitting $29.40. The stock had a trading volume of 63,678 shares. BAE Systems PLC has a one year low of $25.70 and a one year high of $30.24. The stock has a 50-day moving average of $29.14 and a 200-day moving average of $28.16. The company has a market cap of $23.336 billion and a P/E ratio of 75.23.

BAESY has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated a “sell” rating on shares of BAE Systems PLC in a research note on Friday, August 8th. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of BAE Systems PLC in a research note on Monday, August 4th. Finally, analysts at Barclays reiterated an “underweight” rating on shares of BAE Systems PLC in a research note on Monday, August 4th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold”.

BAE Systems plc (NASDAQ:BAESY) is a global defence, aerospace and security company.

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