Bae Systems PLC (BAESY) – What Are Investment Firms Thinking About This Stock?

Bae Systems PLC (OTCMKTS:BAESY) has been assigned a consensus recommendation of “Hold” from the eight analysts that are covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $113.00.

A number of equities analysts recently weighed in on the stock. BNP Paribas Exane began coverage on shares of Bae Systems in a research note on Thursday, September 10th. They issued a “neutral” rating and a $113.00 target price for the company. Royal Bank Of Canada initiated coverage on Bae Systems in a research note on Tuesday, August 11th. They issued a “sector perform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Bae Systems in a research report on Tuesday, August 11th.

Bae Systems Trading Up 0.0%

Bae Systems stock opened at $110.89 on Wednesday. The company has a 50 day moving average of $105.50 and a 200-day moving average of $109.33. The company has a current ratio of 1.02, a quick ratio of 0.91 and a debt-to-equity ratio of 0.53. Bae Systems has a twelve month low of $84.50 and a twelve month high of $126.00.

Institutional Trading of Bae Systems

A number of institutional investors have recently made changes to their positions in the business. Collaborative Fund Advisors LLC bought a new position in Bae Systems in the first quarter valued at $897,000. Sterling Capital Management LLC bought a new stake in Bae Systems during the 1st quarter worth about $1,146,000. Henry James International Management Inc. boosted its stake in shares of Bae Systems by 15.8% during the 3rd quarter. Henry James International Management Inc. now owns 30,099 shares of the aerospace company’s stock worth $3,131,000 after buying an additional 4,102 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of Bae Systems by 11.6% during the 3rd quarter. GAMMA Investing LLC now owns 4,428 shares of the aerospace company’s stock worth $459,000 after buying an additional 459 shares during the last quarter. Finally, Confluence Investment Management LLC grew its holdings in shares of Bae Systems by 0.9% in the 3rd quarter. Confluence Investment Management LLC now owns 13,537 shares of the aerospace company’s stock valued at $1,403,000 after acquiring an additional 117 shares in the last quarter. Institutional investors own 0.21% of the company’s stock.

Bae Systems Company Profile

BAE Systems plc is a United Kingdom-based defense, aerospace and security company that develops and supports technologies for governments and military customers. Its activities include the design, manufacture and maintenance of combat aircraft, naval vessels, armored vehicles, artillery systems, electronic warfare equipment, command-and-control systems, and secure communications technologies.

The company also provides cybersecurity, intelligence, surveillance and reconnaissance services, as well as advanced electronics, sensors, precision weapons and space-related technologies.