BAE Systems plc (LON:BA) announced a dividend on Thursday, July 30th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 22nd will be given a dividend of GBX 9.40 ($0.12) per share on Monday, November 30th. This represents a dividend yield of 1.97%. The ex-dividend date of this dividend is Thursday, October 22nd. The official announcement can be seen at this link.
The business has a 50-day moving average price of GBX 494.16 and a 200 day moving average price of GBX 545.12. The company has a market capitalization of $15.34 billion and a PE ratio of 10.34. BAE Systems has a 52 week low of GBX 4.80 ($0.06) and a 52 week high of GBX 672.80 ($8.28). The company has a debt-to-equity ratio of 87.37, a quick ratio of 0.78 and a current ratio of 1.01.
Several research firms recently weighed in on BA. UBS Group restated a “neutral” rating on shares of BAE Systems in a report on Monday. Berenberg Bank cut their target price on shares of BAE Systems from GBX 600 ($7.38) to GBX 590 ($7.26) and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Deutsche Bank lowered their price target on shares of BAE Systems from GBX 695 ($8.55) to GBX 675 ($8.31) and set a “buy” rating for the company in a research report on Thursday, July 2nd. Jefferies Financial Group reiterated a “hold” rating on shares of BAE Systems in a research note on Friday, June 26th. Finally, Credit Suisse Group reduced their price objective on shares of BAE Systems from GBX 690 ($8.49) to GBX 645 ($7.94) and set an “outperform” rating for the company in a research note on Monday, June 29th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of GBX 636.25 ($7.83).
BAE Systems Company Profile
BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.
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