Brokerages Set BAE Systems plc (LON:BA) Target Price at GBX 1,454

BAE Systems plc (LON:BA) has earned an average recommendation of “Moderate Buy” from the six analysts that are presently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 1,454 ($18.15).

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 1,440 ($17.97) price target on shares of BAE Systems in a research note on Tuesday, December 10th.

BAE Systems Price Performance

LON:BA opened at GBX 1,231 ($15.36) on Wednesday. BAE Systems has a 52 week low of GBX 1,012.50 ($12.64) and a 52 week high of GBX 1,415.25 ($17.66). The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.37. The stock has a market capitalization of £37.18 billion, a PE ratio of 2,051.67, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The stock’s 50-day moving average price is GBX 1,203.37 and its 200-day moving average price is GBX 1,267.41.

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.