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

Shares of BAE Systems plc (LON:BA) have received an average recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 2,228.

Several analysts have recently commented on the company. Jefferies Financial Group reissued a “hold” rating and issued a GBX 2,200 price objective on shares of BAE Systems in a research note on Thursday, May 7th. 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 note on Thursday, March 5th.

Insider Activity at BAE Systems

In other BAE Systems news, insider Tom Arseneault sold 44,140 shares of the 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 purchased 20 shares of company stock worth $38,992 over the last three months. Company insiders own 0.14% of the company’s stock.

BAE Systems Stock Up 0.8%

Shares of LON:BA opened at GBX 1,930.50 on Friday. The business’s 50 day simple moving average is GBX 2,072.53 and its two-hundred day simple moving average is GBX 1,982.99. The firm has a market cap of £59.77 billion, a P/E ratio of 33.12, a PEG ratio of 3.33 and a beta of 0.01. 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 52-week low of GBX 1,012.50 and a 52-week high of GBX 1,415.25.

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.