BAE Systems plc (LON:BA) Receives GBX 2,208 Average PT from Brokerages

BAE Systems plc (LON:BA) has received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is GBX 2,208.

Several equities research analysts have recently issued reports on BA shares. Berenberg Bank increased 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 research report on Thursday, March 5th. Jefferies Financial Group lowered shares of BAE Systems to a “hold” rating and increased their price objective for the stock from GBX 2,060 to GBX 2,120 in a research report on Monday, February 2nd.

BAE Systems Price Performance

BAE Systems stock opened at GBX 2,255.50 on Friday. BAE Systems has a 52-week low of GBX 1,012.50 and a 52-week high of GBX 1,415.25. The firm has a fifty day moving average of GBX 2,181.45 and a 200-day moving average of GBX 1,963.06. The firm has a market capitalization of £69.83 billion, a P/E ratio of 38.69, a PEG ratio of 3.33 and a beta of 0.01. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 89.65.

BAE Systems (LON:BA) last released its quarterly earnings data on Wednesday, February 18th. The company reported GBX 75.20 earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.28% and a return on equity of 18.23%. As a group, analysts predict 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.