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

Shares of BAE Systems plc (LON:BA) have earned an average rating of “Moderate Buy” from the six research firms that are presently covering the stock, 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 target among brokerages that have issued a report on the stock in the last year is GBX 1,454 ($17.75).

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,440 ($17.58) price target on shares of BAE Systems in a research note on Tuesday, December 10th.

Insider Activity

In other news, insider Tom Arseneault sold 152,999 shares of the business’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of GBX 1,330 ($16.24), for a total value of £2,034,886.70 ($2,484,599.15). 0.14% of the stock is owned by corporate insiders.

BAE Systems Price Performance

Shares of LON BA opened at GBX 1,192 ($14.55) on Friday. BAE Systems has a twelve month low of GBX 1,012.50 ($12.36) and a twelve month high of GBX 1,415.25 ($17.28). The company has a market cap of £36.00 billion, a PE ratio of 1,986.67, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The business’s 50 day moving average price is GBX 1,239.25 and its two-hundred day moving average price is GBX 1,276.85. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.37.

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.