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

BAE Systems plc (LON:BA) has been assigned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat reports. One investment 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 analysts that have updated their coverage on the stock in the last year is GBX 1,468 ($18.50).

A number of research analysts have recently commented on the company. Berenberg Bank reiterated a “buy” rating and set a GBX 1,440 ($18.15) price target on shares of BAE Systems in a report on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,510 ($19.03) price target on shares of BAE Systems in a report on Thursday, February 20th.

BAE Systems Stock Performance

LON:BA opened at GBX 1,345 ($16.95) on Friday. The firm has a market capitalization of £41.64 billion, a PE ratio of 23.07, a PEG ratio of 3.33 and a beta of 0.33. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. BAE Systems has a 1 year low of GBX 1,012.50 ($12.76) and a 1 year high of GBX 1,415.25 ($17.84). The firm’s fifty day simple moving average is GBX 1,214.66 and its 200 day simple moving average is GBX 1,265.81.

BAE Systems (LON:BA) last issued its quarterly earnings results on Wednesday, February 19th. The company reported GBX 68.50 ($0.86) earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. On average, sell-side analysts anticipate 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.