BAE Systems plc (LON:BA) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of BAE Systems plc (LON:BA) have been given a consensus recommendation of “Moderate Buy” by the six brokerages that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,021.40.

A number of research analysts recently weighed in on BA shares. Berenberg Bank reaffirmed a “hold” rating and set a GBX 1,850 price target on shares of BAE Systems in a research note on Wednesday, November 12th. Jefferies Financial Group lowered BAE Systems to a “hold” rating and upped their target price for the stock from GBX 2,060 to GBX 2,120 in a research report on Monday, February 2nd.

BAE Systems Trading Up 0.6%

LON:BA opened at GBX 2,118 on Friday. BAE Systems has a 12 month low of GBX 1,012.50 and a 12 month high of GBX 1,415.25. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. The stock has a market capitalization of £65.57 billion, a price-to-earnings ratio of 36.34, a PEG ratio of 3.33 and a beta of 0.33. The firm has a fifty day simple moving average of GBX 1,936.92 and a two-hundred day simple moving average of GBX 1,864.17.

BAE Systems (LON:BA) last released its quarterly earnings data on Wednesday, February 18th. The company reported GBX 75.20 earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.49% and a return on equity of 16.87%. Analysts expect that BAE Systems will post 73.537927 EPS for the current fiscal year.

Insider Buying and Selling

In other BAE Systems news, insider Ewan Kirk acquired 10,000 shares of the stock in a transaction on Friday, December 5th. The shares were purchased at an average price of GBX 1,678 per share, for a total transaction of £167,800. In the last three months, insiders have acquired 10,015 shares of company stock worth $16,810,420. Insiders own 0.14% of the company’s stock.

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.