BAE Systems plc (BA) Stock Rating Reaffirmed by Beaufort Securities

Beaufort Securities restated their buy rating on shares of BAE Systems plc (LON:BA) in a report released on Thursday, August 3rd.

Several other brokerages also recently commented on BA. Goldman Sachs Group, Inc. (The) upped their price objective on shares of BAE Systems plc from GBX 697 ($9.05) to GBX 763 ($9.91) and gave the company a buy rating in a research note on Tuesday, June 13th. Citigroup Inc. reiterated a buy rating and set a GBX 720 ($9.35) price target on shares of BAE Systems plc in a research report on Tuesday, June 13th. J P Morgan Chase & Co reduced their price target on shares of BAE Systems plc from GBX 685 ($8.89) to GBX 660 ($8.57) and set a neutral rating on the stock in a research report on Friday, June 23rd. Deutsche Bank AG restated a buy rating and issued a GBX 645 ($8.37) price objective on shares of BAE Systems plc in a report on Thursday, June 15th. Finally, UBS AG reiterated a buy rating and set a GBX 730 ($9.48) price target on shares of BAE Systems plc in a report on Wednesday, May 24th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of GBX 654.85 ($8.50).

BAE Systems plc (LON:BA) opened at 597.50 on Thursday. The firm has a 50-day moving average price of GBX 608.08 and a 200-day moving average price of GBX 630.34. The firm’s market capitalization is GBX 18.99 billion. BAE Systems plc has a 1-year low of GBX 516.48 and a 1-year high of GBX 682.50.

ILLEGAL ACTIVITY NOTICE: “BAE Systems plc (BA) Stock Rating Reaffirmed by Beaufort Securities” was published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this article on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this article can be viewed at https://sportsperspectives.com/2017/08/17/bae-systems-plc-ba-stock-rating-reaffirmed-by-beaufort-securities-updated.html.

The business also recently announced a dividend, which will be paid on Thursday, November 30th. Investors of record on Thursday, October 19th will be paid a dividend of GBX 8.80 ($0.11) per share. The ex-dividend date of this dividend is Thursday, October 19th. This represents a yield of 1.51%.

In other news, insider Peter Lynas sold 6,399 shares of the business’s stock in a transaction dated Wednesday, May 24th. The shares were sold at an average price of GBX 652 ($8.46), for a total value of £41,721.48 ($54,162.64). Also, insider Roger Carr purchased 33,869 shares of BAE Systems plc stock in a transaction dated Thursday, August 3rd. The stock was acquired at an average price of GBX 591 ($7.67) per share, with a total value of £200,165.79 ($259,854.33). Insiders acquired a total of 33,939 shares of company stock valued at $20,059,550 over the last three months.

About BAE Systems plc

BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.

Analyst Recommendations for BAE Systems plc (LON:BA)

Receive News & Ratings for BAE Systems plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BAE Systems plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply