Brokerages Set BAE Systems plc (LON:BA) PT at GBX 2,021.40

Shares of BAE Systems plc (LON:BA) have been assigned a consensus rating of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 2,208.

Several equities analysts recently commented on the stock. Berenberg Bank upped their price target 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. Jefferies Financial Group lowered BAE Systems to a “hold” rating and boosted their target price for the company from GBX 2,060 to GBX 2,120 in a research report on Monday, February 2nd.

BAE Systems Stock Performance

LON:BA opened at GBX 2,150 on Friday. The firm has a market capitalization of £66.56 billion, a PE ratio of 36.89, a PEG ratio of 3.33 and a beta of 0.01. The stock’s fifty day moving average is GBX 1,984.55 and its 200 day moving average is GBX 1,879.95. BAE Systems has a fifty-two week low of GBX 1,012.50 and a fifty-two week high of GBX 1,415.25. The company has a debt-to-equity ratio of 89.65, a quick ratio of 0.91 and a current ratio of 0.99.

BAE Systems (LON:BA) last posted its quarterly earnings data on Wednesday, February 18th. The company reported GBX 75.20 earnings per share for the quarter. BAE Systems had a net margin of 7.28% and a return on equity of 18.23%. On average, sell-side analysts anticipate that BAE Systems will post 73.537927 earnings per share 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.