BAE Systems plc (LON:BA) Receives GBX 2,208 Average Target Price from Brokerages

Shares of BAE Systems plc (LON:BA) have earned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is GBX 2,208.

A number of research analysts have weighed in on BA shares. Jefferies Financial Group lowered BAE Systems to a “hold” rating and lifted their target price for the company from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd. Berenberg Bank increased their price target on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a “hold” rating in a report on Thursday, March 5th.

BAE Systems Trading Down 1.2%

LON:BA opened at GBX 2,067 on Tuesday. BAE Systems has a 1 year low of GBX 1,012.50 and a 1 year high of GBX 1,415.25. The stock’s fifty day moving average price is GBX 2,099.87 and its two-hundred day moving average price is GBX 1,933.26. The company has a debt-to-equity ratio of 89.65, a current ratio of 0.99 and a quick ratio of 0.91. The company has a market cap of £63.99 billion, a P/E ratio of 35.46, a P/E/G ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA) last released its quarterly earnings data on Wednesday, February 18th. The company reported GBX 75.20 earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 18.23% and a net margin of 7.28%. As a group, analysts expect that BAE Systems will post 73.537927 EPS for the current year.

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.