BAE Systems plc (LON:BA) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shares of BAE Systems plc (LON:BA - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six brokerages that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,438 ($18.16).

Several research analysts recently weighed in on the company. Citigroup raised BAE Systems to a "buy" rating and set a GBX 1,440 ($18.19) target price for the company in a research note on Monday, July 29th. Shore Capital restated a "hold" rating on shares of BAE Systems in a report on Thursday, August 1st. JPMorgan Chase & Co. restated an "overweight" rating and issued a GBX 1,500 ($18.94) price objective on shares of BAE Systems in a research note on Thursday, July 25th. Finally, Berenberg Bank reiterated a "buy" rating and set a GBX 1,360 ($17.18) price target on shares of BAE Systems in a report on Friday, September 6th.

Insider Buying and Selling

In other BAE Systems news, insider Tom Arseneault sold 152,999 shares of the business's stock in a transaction on Thursday, October 17th. The shares were sold at an average price of GBX 1,330 ($16.80), for a total transaction of £2,034,886.70 ($2,569,950.37). 0.14% of the stock is owned by company insiders.

BAE Systems Stock Down 2.2 %

Shares of BA traded down GBX 29.50 ($0.37) during trading on Friday, reaching GBX 1,315 ($16.61). The company's stock had a trading volume of 5,687,651 shares. BAE Systems has a twelve month low of GBX 1,012.50 ($12.79) and a twelve month high of GBX 1,415.25 ($17.87). 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 company has a market cap of £39.71 billion, a price-to-earnings ratio of 2,191.67, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a fifty day moving average of GBX 1,299.33 and a two-hundred day moving average of GBX 1,319.09.

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.