Brokerages Set BAE Systems plc (LON:BA) Target Price at GBX 2,021.40

Shares of BAE Systems plc (LON:BA) have been given an average rating of “Moderate Buy” by the six research firms that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is GBX 2,021.40.

Several research analysts have weighed in on the stock. Berenberg Bank restated a “hold” rating and set a GBX 1,850 price objective on shares of BAE Systems in a report on Wednesday, November 12th. Jefferies Financial Group downgraded shares of BAE Systems to a “hold” rating and boosted their target price for the stock from GBX 2,060 to GBX 2,120 in a research report on Monday, February 2nd.

Insider Activity at BAE Systems

In related news, insider Ewan Kirk bought 10,000 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were bought at an average price of GBX 1,678 per share, for a total transaction of £167,800. Insiders purchased 10,015 shares of company stock valued at $16,810,420 over the last three months. Corporate insiders own 0.14% of the company’s stock.

BAE Systems Stock Down 0.3%

Shares of BAE Systems stock opened at GBX 2,112 on Friday. The stock’s 50-day moving average is GBX 1,944.97 and its 200 day moving average is GBX 1,868.85. BAE Systems has a one year low of GBX 1,012.50 and a one year high of GBX 1,415.25. The firm has a market cap of £65.39 billion, a price-to-earnings ratio of 36.23, a PEG ratio of 3.33 and a beta of 0.33. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91.

BAE Systems (LON:BA) last issued its earnings results on Wednesday, February 18th. The company reported GBX 75.20 earnings per share for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Equities research analysts anticipate that BAE Systems will post 73.537927 EPS for the current year.

About BAE Systems

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.