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

Shares of BAE Systems plc (LON:BA) have received an average rating of “Moderate Buy” from the six analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 1,438 ($18.10).

Several research analysts have issued reports on the company. Shore Capital reaffirmed a “hold” rating on shares of BAE Systems in a report on Thursday, August 1st. Citigroup raised BAE Systems to a “buy” rating and set a GBX 1,440 ($18.13) price objective for the company in a research report on Monday, July 29th. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,500 ($18.88) target price on shares of BAE Systems in a research note on Thursday, July 25th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,360 ($17.12) price objective on shares of BAE Systems in a research report on Friday, September 6th.

Insider Buying and Selling at BAE Systems

In other BAE Systems news, insider Tom Arseneault sold 152,999 shares of the company’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of GBX 1,330 ($16.74), for a total value of £2,034,886.70 ($2,561,861.64). Corporate insiders own 0.14% of the company’s stock.

BAE Systems Stock Performance

LON BA opened at GBX 1,325 ($16.68) on Friday. The company has a market capitalization of £40.02 billion, a PE ratio of 2,166.67, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. BAE Systems has a twelve month low of GBX 1,012.50 ($12.75) and a twelve month high of GBX 1,415.25 ($17.82). The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.37. The business’s 50-day moving average price is GBX 1,299.65 and its 200 day moving average price is GBX 1,317.81.

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.