Brokerages Set BAE Systems plc (LON:BA) Price Target at GBX 1,438

BAE Systems plc (LON:BAGet Free Report) has been assigned a consensus rating of “Moderate Buy” from the six brokerages that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 1,454 ($18.43).

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 1,440 ($18.25) price objective on shares of BAE Systems in a research report on Tuesday.

Get Our Latest Report on BA

Insider Transactions at BAE Systems

In related news, insider Tom Arseneault sold 180,787 shares of the business’s stock in a transaction that occurred on Tuesday, October 22nd. The shares were sold at an average price of GBX 1,330 ($16.86), for a total value of £2,404,467.10 ($3,047,873.11). Company insiders own 0.14% of the company’s stock.

BAE Systems Price Performance

Shares of BAE Systems stock opened at GBX 1,214.50 ($15.39) on Tuesday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.37. The firm has a fifty day simple moving average of GBX 1,293.20 and a 200-day simple moving average of GBX 1,306.01. The stock has a market capitalization of £36.68 billion, a price-to-earnings ratio of 1,996.67, a PEG ratio of 3.33 and a beta of 0.33. BAE Systems has a 1-year low of GBX 1,012.50 ($12.83) and a 1-year high of GBX 1,415.25 ($17.94).

About BAE Systems

(Get Free Report

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.

Featured Stories

Analyst Recommendations for BAE Systems (LON:BA)

Receive News & Ratings for BAE Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems and related companies with MarketBeat.com's FREE daily email newsletter.