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

Shares of BAE Systems plc (LON:BAGet Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have covered the stock in the last year is GBX 1,438 ($19.23).

A number of brokerages have commented on BA. Shore Capital restated a “hold” rating on shares of BAE Systems in a research report on Thursday, August 1st. JPMorgan Chase & Co. restated an “overweight” rating and set a GBX 1,500 ($20.06) target price on shares of BAE Systems in a research note on Thursday, July 25th. Citigroup raised shares of BAE Systems to a “buy” rating and set a GBX 1,440 ($19.26) price target on the stock in a report on Monday, July 29th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 1,360 ($18.19) price objective on shares of BAE Systems in a research report on Friday, September 6th.

Read Our Latest Stock Analysis on BA

BAE Systems Stock Up 2.0 %

BA stock opened at GBX 1,298.50 ($17.37) on Thursday. The business has a 50 day moving average of GBX 1,299.07 and a 200 day moving average of GBX 1,322.95. The firm has a market cap of £39.21 billion, a PE ratio of 2,122.50, a price-to-earnings-growth ratio of 3.25 and a beta of 0.33. BAE Systems has a twelve month low of GBX 968.60 ($12.96) and a twelve month high of GBX 1,415.25 ($18.93). The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.37.

BAE Systems Cuts Dividend

The business also recently declared a dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, October 24th will be given a GBX 12.40 ($0.17) dividend. The ex-dividend date is Thursday, October 24th. This represents a yield of 0.96%. BAE Systems’s dividend payout ratio is currently 5,166.67%.

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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