Bae Systems PLC (OTCMKTS:BAESY) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Bae Systems PLC (OTCMKTS:BAESY) has earned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

Separately, Jefferies Financial Group reissued a “hold” rating on shares of Bae Systems in a research note on Wednesday, February 18th.

Bae Systems Stock Down 1.7%

BAESY opened at $106.10 on Friday. Bae Systems has a 52 week low of $84.50 and a 52 week high of $126.00. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.87 and a current ratio of 0.99. The business has a fifty day simple moving average of $117.90 and a 200-day simple moving average of $106.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BAESY. Salomon & Ludwin LLC grew its holdings in shares of Bae Systems by 3,150.0% in the third quarter. Salomon & Ludwin LLC now owns 260 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 252 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Bae Systems by 73.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 327 shares of the aerospace company’s stock valued at $36,000 after buying an additional 138 shares during the period. Steigerwald Gordon & Koch Inc. purchased a new position in Bae Systems in the 3rd quarter valued at approximately $44,000. Atlas Capital Advisors Inc. acquired a new position in shares of Bae Systems in the fourth quarter worth $98,000. Finally, PNC Financial Services Group Inc. increased its position in shares of Bae Systems by 9.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 1,690 shares of the aerospace company’s stock worth $157,000 after acquiring an additional 140 shares during the period. Hedge funds and other institutional investors own 0.21% of the company’s stock.

Bae Systems Company Profile

BAE Systems plc is a global defense, security and aerospace company that designs, develops and manufactures a broad range of military and related products and services. Formed in 1999 through the combination of British Aerospace and Marconi Electronic Systems, the company supplies platforms, systems and support across air, land, maritime and cyber domains. Its portfolio spans combat and support aircraft systems, naval shipbuilding and subsystems, armored and land combat solutions, electronic and sensor systems, munitions, and intelligence, surveillance and cybersecurity capabilities.

BAE Systems serves government and military customers worldwide, with particularly large footprints in the United Kingdom and the United States as well as operations and sales across Europe, the Middle East, Australia and other markets.