BAE Systems (LON:BA) Stock Price Up 0.1% – What’s Next?

BAE Systems plc (LON:BA) traded up 0.1% on Monday . The company traded as high as GBX 1,718.50 and last traded at GBX 1,711.50. 766,369 shares changed hands during mid-day trading, The stock had previously closed at GBX 1,710.

Analyst Ratings Changes

Several equities analysts recently issued reports on BA shares. Morgan Stanley reissued an “overweight” rating on shares of BAE Systems in a research note on Friday, September 5th. Berenberg Bank reissued a “hold” rating and set a GBX 1,850 price target on shares of BAE Systems in a research report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of BAE Systems from GBX 2,170 to GBX 2,220 and gave the company a “buy” rating in a research note on Friday, September 12th. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of BAE Systems in a research note on Tuesday, October 28th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, BAE Systems presently has an average rating of “Moderate Buy” and an average target price of GBX 1,996.75.

BAE Systems Stock Performance

The stock has a 50-day moving average price of GBX 1,754.13 and a 200 day moving average price of GBX 1,832.17. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. The firm has a market capitalization of £52.99 billion, a price-to-earnings ratio of 29.36, a P/E/G ratio of 3.33 and a beta of 0.33.

Insider Activity at BAE Systems

In other news, insider Ewan Kirk acquired 10,000 shares of the company’s stock in a transaction on Friday, December 5th. The shares were bought at an average cost of GBX 1,678 per share, with a total value of £167,800. Over the last quarter, insiders have purchased 10,016 shares of company stock valued at $16,810,832. Corporate insiders own 0.14% of the company’s stock.

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.