BAE Systems plc (LON:BA) Receives GBX 1,438 Consensus Target Price from Analysts

BAE Systems plc (LON:BA) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is GBX 1,438 ($18.12).

A number of analysts recently weighed in on BA shares. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,360 ($17.14) price target on shares of BAE Systems in a research report on Friday, September 6th. Citigroup raised BAE Systems to a “buy” rating and set a GBX 1,440 ($18.15) target price for the company in a research note on Monday, July 29th. Shore Capital reaffirmed a “hold” rating on shares of BAE Systems in a research report on Thursday, August 1st. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,500 ($18.90) price objective on shares of BAE Systems in a research report on Thursday, July 25th.

BAE Systems Price Performance

LON:BA opened at GBX 1,287 ($16.22) on Friday. The firm has a market cap of £38.87 billion, a PE ratio of 2,145.00, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The company’s 50-day moving average price is GBX 1,299.58 and its two-hundred day moving average price is GBX 1,318.57. 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 has a 12 month low of GBX 1,012.50 ($12.76) and a 12 month high of GBX 1,415.25 ($17.84).

Insider Activity at BAE Systems

In other BAE Systems news, insider Tom Arseneault sold 180,787 shares of the company’s stock in a transaction on Tuesday, October 22nd. The shares were sold at an average price of GBX 1,330 ($16.76), for a total transaction of £2,404,467.10 ($3,030,204.28). 0.14% of the stock is currently owned by company 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.