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

BAE Systems plc (LON:BA) has been assigned an average rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is GBX 1,438 ($18.50).

Several research firms have recently commented on BA. Shore Capital restated a “hold” rating on shares of BAE Systems in a research note on Thursday, August 1st. JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,500 ($19.30) target price on shares of BAE Systems in a research report on Thursday, July 25th. Citigroup raised BAE Systems to a “buy” rating and set a GBX 1,440 ($18.53) price target for the company in a report on Monday, July 29th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,360 ($17.50) price objective on shares of BAE Systems in a report on Friday, September 6th.

Insider Buying and Selling at BAE Systems

In related news, insider Tom Arseneault sold 152,999 shares of the stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of GBX 1,330 ($17.11), for a total value of £2,034,886.70 ($2,618,564.79). 0.14% of the stock is owned by company insiders.

BAE Systems Stock Down 2.2 %

BA stock opened at GBX 1,315 ($16.92) on Friday. BAE Systems has a 12 month low of GBX 1,012.50 ($13.03) and a 12 month high of GBX 1,415.25 ($18.21). The company has a debt-to-equity ratio of 94.37, a current ratio of 1.03 and a quick ratio of 0.91. The company has a market cap of £39.71 billion, a price-to-earnings ratio of 2,191.67, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The company has a fifty day moving average price of GBX 1,299.33 and a 200 day moving average price of GBX 1,319.09.

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.