BAE Systems plc (LON:BA) Receives Average Recommendation of “Moderate Buy” from Analysts

BAE Systems plc (LON:BA) has been given an average recommendation of “Moderate Buy” by the six brokerages that are presently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is GBX 2,228.

BA has been the subject of a number of analyst reports. 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 research note on Thursday, March 5th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 2,200 price target on shares of BAE Systems in a report on Thursday, May 7th.

BAE Systems Stock Performance

LON:BA opened at GBX 1,926 on Wednesday. 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 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 50 day simple moving average of GBX 2,181.24 and a two-hundred day simple moving average of GBX 1,971.82. The company has a market capitalization of £59.63 billion, a PE ratio of 33.04, a P/E/G ratio of 3.33 and a beta of 0.01.

BAE Systems (LON:BA) last issued its quarterly earnings results 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%. Research analysts anticipate that BAE Systems will post 73.537927 earnings per share for the current year.

Insider Activity at BAE Systems

In related news, insider Tom Arseneault sold 44,140 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of GBX 2,032, for a total transaction of £896,924.80. In the last 90 days, insiders bought 27 shares of company stock worth $58,212. 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.