Analysts Set BAE Systems plc (LON:BA) Price Target at GBX 2,208

Shares of BAE Systems plc (LON:BA) have received a consensus recommendation of “Moderate Buy” from the six ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 2,208.

A number of equities research analysts recently issued reports on the stock. Berenberg Bank upped their price objective on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a “hold” rating in a report on Thursday, March 5th. Jefferies Financial Group lowered BAE Systems to a “hold” rating and raised their target price for the company from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd.

BAE Systems Price Performance

LON BA opened at GBX 2,156 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 89.65. The stock has a market capitalization of £66.75 billion, a PE ratio of 36.99, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. The company has a 50 day moving average price of GBX 2,098.83 and a two-hundred day moving average price of GBX 1,930.11. BAE Systems has a 12-month low of GBX 1,012.50 and a 12-month high of GBX 1,415.25.

BAE Systems (LON:BA) last announced its quarterly earnings results on Wednesday, February 18th. The company reported GBX 75.20 EPS for the quarter. BAE Systems had a net margin of 7.28% and a return on equity of 18.23%. As a group, equities analysts predict that BAE Systems will post 73.537927 earnings per share for the current fiscal year.

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.