BAE Systems plc (LON:BA) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of BAE Systems plc (LON:BA) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is GBX 2,228.

Several research firms recently commented on BA. Jefferies Financial Group reiterated a “hold” rating and set a GBX 2,200 target price on shares of BAE Systems in a research report on Thursday, May 7th. Berenberg Bank upped their price target on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a “hold” rating in a research report on Thursday, March 5th.

BAE Systems Price Performance

Shares of BA opened at GBX 1,926 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 89.65. The stock has a market cap of £59.63 billion, a PE ratio of 33.04, a PEG ratio of 3.33 and a beta of 0.01. BAE Systems has a 12-month low of GBX 1,012.50 and a 12-month high of GBX 1,415.25. The business has a 50-day simple moving average of GBX 2,181.24 and a two-hundred day simple moving average of GBX 1,971.82.

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

Insiders Place Their Bets

In related news, insider Tom Arseneault sold 44,140 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,032, for a total value of £896,924.80. Insiders acquired 27 shares of company stock valued at $58,212 in the last three months. 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.