BAE Systems plc (BA) Receives GBX 643.92 Consensus Target Price from Analysts

BAE Systems plc (LON:BA) has been assigned a consensus recommendation of “Hold” from the twelve analysts that are covering the company, reports. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 643.92 ($8.90).

A number of analysts recently issued reports on BA shares. JPMorgan Chase & Co. downgraded shares of BAE Systems to an “underweight” rating and decreased their price objective for the stock from GBX 555 ($7.67) to GBX 550 ($7.60) in a report on Friday, February 23rd. Jefferies Group restated a “hold” rating and set a GBX 615 ($8.50) price objective on shares of BAE Systems in a report on Monday, November 13th. Kepler Capital Markets restated a “buy” rating and set a GBX 700 ($9.67) price objective on shares of BAE Systems in a report on Friday, February 16th. Citigroup restated a “buy” rating on shares of BAE Systems in a report on Friday, November 24th. Finally, Goldman Sachs Group restated a “buy” rating on shares of BAE Systems in a report on Monday, December 11th.

BAE Systems (LON BA) traded down GBX 15.80 ($0.22) during midday trading on Tuesday, reaching GBX 580.80 ($8.02). 8,531,191 shares of the company were exchanged, compared to its average volume of 9,860,000. BAE Systems has a 1-year low of GBX 533.50 ($7.37) and a 1-year high of GBX 682.50 ($9.43). The stock has a market capitalization of $18,510.00 and a P/E ratio of 2,151.11.

The firm also recently announced a dividend, which will be paid on Friday, June 1st. Stockholders of record on Thursday, April 19th will be paid a GBX 13 ($0.18) dividend. This is an increase from BAE Systems’s previous dividend of $8.80. The ex-dividend date is Thursday, April 19th. This represents a dividend yield of 2.3%.

WARNING: This piece of content was originally posted by Markets Daily and is the sole property of of Markets Daily. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The legal version of this piece of content can be accessed at

About BAE Systems

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 (LON:BA)

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

Leave a Reply