Analysts Set BAE Systems plc (LON:BA) Price Target at GBX 1,454

Shares of BAE Systems plc (LON:BA) have been given an average rating of “Moderate Buy” by the six research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 1,454 ($17.97).

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 1,440 ($17.80) price objective on shares of BAE Systems in a report on Tuesday, December 10th.

BAE Systems Trading Up 0.7 %

LON BA opened at GBX 1,154 ($14.26) on Friday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.37. BAE Systems has a 1-year low of GBX 1,012.50 ($12.52) and a 1-year high of GBX 1,415.25 ($17.49). The firm’s fifty day simple moving average is GBX 1,240.83 and its 200-day simple moving average is GBX 1,277.46. The company has a market capitalization of £34.85 billion, a PE ratio of 1,923.33, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.

Insiders Place Their Bets

In other news, insider Tom Arseneault sold 152,999 shares of the business’s stock in a transaction on Thursday, October 17th. The shares were sold at an average price of GBX 1,330 ($16.44), for a total value of £2,034,886.70 ($2,515,311.12). Corporate insiders own 0.14% of the company’s stock.

BAE Systems Company Profile

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.