Shares of BAE Systems plc (LON:BA - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six research firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 1,454 ($18.06).
Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 1,440 ($17.89) target price on shares of BAE Systems in a research note on Tuesday, December 10th.
Read Our Latest Stock Analysis on BAE Systems
BAE Systems Stock Performance
BA traded down GBX 0.50 ($0.01) during trading on Friday, hitting GBX 1,153 ($14.32). 2,066,461 shares of the company traded hands. BAE Systems has a one year low of GBX 1,012.50 ($12.58) and a one year high of GBX 1,415.25 ($17.58). The stock's fifty day moving average is GBX 1,249.13 and its 200 day moving average is GBX 1,281.58. 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 firm has a market cap of £34.82 billion, a P/E ratio of 1,921.67, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.
Insider Activity at BAE Systems
In other news, insider Tom Arseneault sold 180,787 shares of the company's stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of GBX 1,330 ($16.52), for a total transaction of £2,404,467.10 ($2,986,915.65). 0.14% of the stock is currently owned by company insiders.
BAE Systems Company Profile
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Get Free ReportBAE 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.
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