BAE Systems plc (LON:BA) Receives Average Recommendation 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 company, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 2,228.

A number of research analysts have recently commented on the stock. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 2,200 price objective on shares of BAE Systems in a research note on Thursday, May 7th. Berenberg Bank boosted their target price on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a “hold” rating in a report on Thursday, March 5th.

Insider Buying and Selling at BAE Systems

In other news, insider Tom Arseneault sold 44,140 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of GBX 2,032, for a total transaction of £896,924.80. In the last quarter, insiders have acquired 20 shares of company stock valued at $38,992. 0.14% of the stock is owned by company insiders.

BAE Systems Price Performance

BA stock opened at GBX 1,902 on Wednesday. The stock has a market capitalization of £58.88 billion, a price-to-earnings ratio of 32.63, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 89.65. BAE Systems has a 52-week low of GBX 1,012.50 and a 52-week high of GBX 1,415.25. The stock’s fifty day simple moving average is GBX 2,151.57 and its 200-day simple moving average is GBX 1,972.94.

BAE Systems (LON:BA) last released its 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%. Equities research analysts expect that BAE Systems will post 73.537927 EPS for the current year.

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.