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

Shares of BAE Systems plc (LON:BA) have been given an average rating of “Moderate Buy” by the six research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is GBX 1,410 ($18.54).

BA has been the topic of several recent analyst reports. Shore Capital reiterated a “hold” rating on shares of BAE Systems in a research note on Thursday, August 1st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 1,500 ($19.72) target price on shares of BAE Systems in a research report on Thursday, July 25th. Finally, Citigroup raised shares of BAE Systems to a “buy” rating and set a GBX 1,440 ($18.93) price target for the company in a research report on Monday, July 29th.

BAE Systems Trading Down 0.7 %

LON:BA opened at GBX 1,294 ($17.02) on Friday. BAE Systems has a 1 year low of GBX 968.60 ($12.74) and a 1 year high of GBX 1,415.25 ($18.61). The stock has a market cap of £39.21 billion, a P/E ratio of 2,156.67, a P/E/G ratio of 3.39 and a beta of 0.33. 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 50-day simple moving average of GBX 1,296.53 and a 200-day simple moving average of GBX 1,319.83.

BAE Systems Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, October 24th will be paid a GBX 12.40 ($0.16) dividend. The ex-dividend date of this dividend is Thursday, October 24th. This represents a yield of 0.96%. BAE Systems’s dividend payout ratio is presently 5,166.67%.

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.