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

BAE Systems plc (LON:BA) has received an average rating of “Moderate Buy” from the six brokerages that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is GBX 1,438 ($18.67).

BA has been the topic of several recent research reports. Citigroup upgraded shares of BAE Systems to a “buy” rating and set a GBX 1,440 ($18.70) price target on the stock in a research note on Monday, July 29th. Shore Capital reiterated a “hold” rating on shares of BAE Systems in a research note on Thursday, August 1st. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,360 ($17.66) price target on shares of BAE Systems in a research note on Friday, September 6th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,500 ($19.48) price target on shares of BAE Systems in a research note on Thursday, July 25th.

BAE Systems Trading Down 1.0 %

Shares of LON:BA opened at GBX 1,292 ($16.77) on Monday. BAE Systems has a 12 month low of GBX 1,012.50 ($13.15) and a 12 month high of GBX 1,415.25 ($18.38). The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.37. The company’s fifty day simple moving average is GBX 1,303.41 and its 200 day simple moving average is GBX 1,319.05. The firm has a market cap of £39.02 billion, a price-to-earnings ratio of 2,153.33, a PEG ratio of 3.33 and a beta of 0.33.

BAE Systems Cuts Dividend

The business also recently announced a dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, October 24th will be issued a dividend of GBX 12.40 ($0.16) per share. This represents a dividend yield of 0.96%. The ex-dividend date of this dividend is Thursday, October 24th. BAE Systems’s payout ratio is 5,166.67%.

Insider Buying and Selling

In other BAE Systems news, insider Tom Arseneault sold 180,787 shares of the business’s stock in a transaction dated Tuesday, October 22nd. The shares were sold at an average price of GBX 1,330 ($17.27), for a total value of £2,404,467.10 ($3,121,873.67). 0.14% of the stock is currently owned by 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.