Brokerages Set BAE Systems plc (LON:BA) Price Target at GBX 2,021.40

Shares of BAE Systems plc (LON:BA) have received a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 2,021.40.

A number of equities research analysts have recently weighed in on BA shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of BAE Systems in a research note on Tuesday, October 28th. Jefferies Financial Group downgraded BAE Systems to a “hold” rating and increased their price objective for the stock from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd. Finally, Berenberg Bank reiterated a “hold” rating and issued a GBX 1,850 target price on shares of BAE Systems in a research note on Wednesday, November 12th.

Insider Buying and Selling at BAE Systems

In other BAE Systems news, insider Ewan Kirk acquired 10,000 shares of BAE Systems stock in a transaction that occurred on Friday, December 5th. The stock was acquired at an average price of GBX 1,678 per share, with a total value of £167,800. Corporate insiders own 0.14% of the company’s stock.

BAE Systems Price Performance

BA opened at GBX 1,879 on Monday. The stock has a fifty day moving average price of GBX 1,836.85 and a 200 day moving average price of GBX 1,844.67. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. BAE Systems has a 1 year low of GBX 1,012.50 and a 1 year high of GBX 1,415.25. The stock has a market cap of £58.17 billion, a price-to-earnings ratio of 32.24, a PEG ratio of 3.33 and a beta of 0.33.

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.