BAE Systems plc (LON:BA) Given Consensus Recommendation of “Moderate Buy” by Brokerages

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

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group reissued a “hold” rating and set a GBX 2,200 price target on shares of BAE Systems in a research note on Thursday, May 7th. Berenberg Bank lifted their target price 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 Stock Up 2.0%

Shares of LON BA opened at GBX 1,880 on Thursday. The firm has a market capitalization of £58.20 billion, a PE ratio of 32.25, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. The company has a current ratio of 0.99, a quick ratio of 0.91 and a debt-to-equity ratio of 76.81. BAE Systems has a 1 year low of GBX 1,012.50 and a 1 year high of GBX 1,415.25. The firm’s 50-day moving average is GBX 1,942.91 and its 200-day moving average is GBX 2,006.54.

Insider Buying and Selling at BAE Systems

In related news, insider Brad Greve acquired 2,760 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was acquired at an average price of GBX 1,909 per share, for a total transaction of £52,688.40. Also, insider Tom Arseneault sold 44,140 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of GBX 2,032, for a total value of £896,924.80. Insiders bought a total of 2,776 shares of company stock worth $5,295,056 over the last 90 days. 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.