BAE Systems plc (OTCMKTS:BAESY) Receives $475.00 Consensus PT from Analysts

BAE Systems plc (OTCMKTS:BAESY) has earned a consensus recommendation of “Hold” from the six analysts that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $447.50.

A number of equities analysts have recently commented on the company. Bank of America lowered BAE Systems from a “buy” rating to a “neutral” rating in a report on Monday, May 13th. Citigroup raised BAE Systems from a “neutral” rating to a “buy” rating in a research note on Monday, July 29th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC purchased a new position in shares of BAE Systems during the 4th quarter worth approximately $81,000. Atlas Capital Advisors LLC grew its holdings in shares of BAE Systems by 68.9% during the 2nd quarter. Atlas Capital Advisors LLC now owns 4,044 shares of the aerospace company’s stock worth $270,000 after acquiring an additional 1,650 shares during the period. SVB Wealth LLC grew its holdings in shares of BAE Systems by 13.0% during the 4th quarter. SVB Wealth LLC now owns 4,733 shares of the aerospace company’s stock worth $274,000 after acquiring an additional 546 shares during the period. Rhumbline Advisers grew its holdings in shares of BAE Systems by 29.3% during the 2nd quarter. Rhumbline Advisers now owns 4,593 shares of the aerospace company’s stock worth $307,000 after acquiring an additional 1,042 shares during the period. Finally, Confluence Investment Management LLC purchased a new position in shares of BAE Systems during the 2nd quarter worth approximately $682,000. Hedge funds and other institutional investors own 0.21% of the company’s stock.

BAE Systems Stock Up 0.9 %

OTCMKTS:BAESY opened at $66.19 on Monday. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.08 and a quick ratio of 0.97. The business has a fifty day simple moving average of $67.74 and a two-hundred day simple moving average of $66.63. BAE Systems has a 1 year low of $47.81 and a 1 year high of $72.81.

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.