BAE Systems plc (LON:BA) Receives GBX 1,454 Average PT from Brokerages

Shares of BAE Systems plc (LON:BA) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 1,454 ($17.86).

Separately, Berenberg Bank reissued a “buy” rating and set a GBX 1,440 ($17.69) target price on shares of BAE Systems in a report on Tuesday, December 10th.

BAE Systems Trading Up 1.3 %

LON BA opened at GBX 1,224 ($15.04) on Wednesday. The stock has a market capitalization of £36.96 billion, a price-to-earnings ratio of 2,040.00, a PEG ratio of 3.33 and a beta of 0.33. The stock’s 50 day moving average price is GBX 1,206.89 and its two-hundred day moving average price is GBX 1,268.03. The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. BAE Systems has a 52 week low of GBX 1,012.50 ($12.44) and a 52 week high of GBX 1,415.25 ($17.39).

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.