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

BAE Systems plc (LON:BA) has earned a consensus recommendation of “Moderate Buy” from the six analysts that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is GBX 1,410 ($18.54).

A number of equities research analysts have commented on BA shares. Shore Capital reissued a “hold” rating on shares of BAE Systems in a report on Thursday, August 1st. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,500 ($19.72) price objective on shares of BAE Systems in a research note on Thursday, July 25th. Finally, Citigroup upgraded shares of BAE Systems to a “buy” rating and set a GBX 1,440 ($18.93) target price on the stock in a research report on Monday, July 29th.

BAE Systems Price Performance

Shares of BA opened at GBX 1,294 ($17.02) on Friday. The firm has a market capitalization of £39.21 billion, a PE ratio of 2,156.67, a P/E/G ratio of 3.39 and a beta of 0.33. The stock’s 50 day moving average is GBX 1,296.53 and its two-hundred day moving average is GBX 1,319.83. BAE Systems has a twelve month low of GBX 968.60 ($12.74) and a twelve month high of GBX 1,415.25 ($18.61). 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 Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, October 24th will be paid a GBX 12.40 ($0.16) dividend. The ex-dividend date is Thursday, October 24th. This represents a yield of 0.96%. BAE Systems’s payout ratio is 5,166.67%.

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.