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

Shares of BAE Systems plc (LON:BA) have been given a consensus recommendation of “Moderate Buy” by the six research firms that are presently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 2,228.

A number of research analysts have recently issued reports on BA shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 2,200 price objective on shares of BAE Systems in a report on Thursday, May 7th. Berenberg Bank lifted their price objective on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a “hold” rating in a report on Thursday, March 5th.

BAE Systems Stock Down 1.6%

Shares of LON BA opened at GBX 1,911 on Friday. The stock has a market capitalization of £59.16 billion, a P/E ratio of 32.78, a P/E/G ratio of 3.33 and a beta of 0.01. The company has a 50-day moving average price of GBX 2,053.50 and a 200-day moving average price of GBX 1,988.58. BAE Systems has a 1 year low of GBX 1,012.50 and a 1 year high of GBX 1,415.25. The company has a debt-to-equity ratio of 89.65, a current ratio of 0.99 and a quick ratio of 0.91.

Insider Activity at BAE Systems

In related news, insider Tom Arseneault sold 44,140 shares of BAE Systems stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of GBX 2,032, for a total transaction of £896,924.80. Also, insider Brad Greve bought 2,760 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The shares were bought at an average cost of GBX 1,909 per share, for a total transaction of £52,688.40. In the last ninety days, insiders have purchased 2,780 shares of company stock worth $5,307,832. 0.14% of the stock is owned by insiders.

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.