BAE Systems plc (LON:BA) Receives Average Rating of “Moderate Buy” from Analysts

BAE Systems plc (LON:BAGet Free Report) has earned an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is GBX 1,314 ($16.50).

BA has been the topic of several recent research reports. Shore Capital restated a “buy” rating on shares of BAE Systems in a research report on Wednesday, February 21st. Citigroup initiated coverage on BAE Systems in a research report on Friday, March 8th. They issued a “neutral” rating and a GBX 1,400 ($17.57) price target on the stock. JPMorgan Chase & Co. boosted their price target on BAE Systems from GBX 1,300 ($16.32) to GBX 1,400 ($17.57) and gave the company an “overweight” rating in a research report on Thursday, February 22nd. Berenberg Bank restated a “buy” rating and issued a GBX 1,220 ($15.32) price target on shares of BAE Systems in a research report on Wednesday, February 21st. Finally, Barclays boosted their target price on BAE Systems from GBX 1,250 ($15.69) to GBX 1,450 ($18.20) and gave the stock an “overweight” rating in a research report on Tuesday, March 12th.

View Our Latest Report on BA

BAE Systems Stock Performance

BA opened at GBX 1,320.50 ($16.58) on Thursday. The business’s 50 day moving average price is GBX 1,257.53 and its 200-day moving average price is GBX 1,140.53. The company has a debt-to-equity ratio of 62.47, a current ratio of 1.08 and a quick ratio of 0.91. The firm has a market capitalization of £39.88 billion, a PE ratio of 2,200.83, a P/E/G ratio of 3.85 and a beta of 0.35.

BAE Systems Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, April 18th will be issued a dividend of GBX 18.50 ($0.23) per share. This represents a yield of 1.48%. The ex-dividend date is Thursday, April 18th. This is a boost from BAE Systems’s previous dividend of $11.50. BAE Systems’s dividend payout ratio is 5,000.00%.

Insider Buying and Selling at BAE Systems

In related news, insider Nicole Piasecki bought 3,132 shares of the stock in a transaction on Tuesday, February 27th. The shares were purchased at an average price of GBX 1,595 ($20.02) per share, for a total transaction of £49,955.40 ($62,710.77). In other BAE Systems news, insider Cressida Hogg acquired 13,698 shares of the firm’s stock in a transaction dated Tuesday, March 19th. The shares were acquired at an average price of GBX 1,320 ($16.57) per share, for a total transaction of £180,813.60 ($226,981.67). Also, insider Nicole Piasecki acquired 3,132 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were acquired at an average price of GBX 1,595 ($20.02) per share, for a total transaction of £49,955.40 ($62,710.77). In the last 90 days, insiders have purchased 16,867 shares of company stock worth $23,122,678. 0.36% of the stock is owned by insiders.

BAE Systems Company Profile

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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.

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Analyst Recommendations for BAE Systems (LON:BA)

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