Brokerages Set BAE Systems plc (LON:BA) Target Price at GBX 1,438

BAE Systems plc (LON:BA) has received a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 1,454 ($18.43).

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,440 ($18.25) price objective on shares of BAE Systems in a research note on Tuesday.

Insider Activity at BAE Systems

In other news, insider Tom Arseneault sold 180,787 shares of the business’s stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of GBX 1,330 ($16.86), for a total value of £2,404,467.10 ($3,047,873.11). 0.14% of the stock is currently owned by insiders.

BAE Systems Stock Up 1.4 %

Shares of LON BA opened at GBX 1,214.50 ($15.39) on Tuesday. The firm has a 50 day moving average price of GBX 1,293.20 and a 200 day moving average price of GBX 1,306.01. The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. The stock has a market cap of £36.68 billion, a P/E ratio of 1,996.67, a P/E/G ratio of 3.33 and a beta of 0.33. BAE Systems has a 52-week low of GBX 1,012.50 ($12.83) and a 52-week high of GBX 1,415.25 ($17.94).

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.