BAE Systems (LON:BA) Earns Hold Rating from Jefferies Financial Group

BAE Systems (LON:BA)‘s stock had its “hold” rating reaffirmed by equities research analysts at Jefferies Financial Group in a research note issued to investors on Thursday,Digital Look reports. They presently have a GBX 2,200 price objective on the stock. Jefferies Financial Group’s price objective suggests a potential upside of 5.29% from the company’s current price.

Separately, Berenberg Bank increased their price objective on BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a “hold” rating in a research report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of GBX 2,228.

BAE Systems Trading Up 0.6%

Shares of BA opened at GBX 2,089.50 on Thursday. The company has a current ratio of 0.99, a quick ratio of 0.91 and a debt-to-equity ratio of 89.65. BAE Systems has a 12-month low of GBX 1,012.50 and a 12-month high of GBX 1,415.25. The firm has a 50-day moving average price of GBX 2,193.67 and a 200 day moving average price of GBX 1,968.94. The firm has a market capitalization of £64.69 billion, a P/E ratio of 35.85, a P/E/G ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA) last announced 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 net margin of 7.28% and a return on equity of 18.23%. Sell-side analysts forecast that BAE Systems will post 73.537927 EPS for the current year.

Insider Activity at BAE Systems

In other news, insider Tom Arseneault sold 44,140 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 2,032, for a total transaction of £896,924.80. Insiders acquired 27 shares of company stock worth $58,212 in the last ninety days. Company insiders own 0.14% of the company’s stock.

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.