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

BAE Systems plc (LON:BA) has earned an average rating of “Moderate Buy” from the six brokerages that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is GBX 2,228.

A number of research firms have commented on BA. Berenberg Bank upped their price target on 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. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 2,200 price target on shares of BAE Systems in a research report on Thursday, May 7th.

BAE Systems Price Performance

Shares of BA opened at GBX 1,930.50 on Friday. 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 2,072.53 and a two-hundred day simple moving average of GBX 1,982.99. 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 £59.77 billion, a PE ratio of 33.12, a PEG ratio of 3.33 and a beta of 0.01.

Insider Activity at BAE Systems

In related news, insider Tom Arseneault sold 44,140 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 2,032, for a total transaction of £896,924.80. In the last 90 days, insiders bought 20 shares of company stock worth $38,992. 0.14% of the stock is owned by corporate insiders.

BAE Systems Company Profile

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.