BAE SYS PLC/S (BAESY) Given Consensus Recommendation of “Hold” by Brokerages

BAE SYS PLC/S (OTCMKTS:BAESY) has been given a consensus recommendation of “Hold” by the seven brokerages that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has given a buy recommendation to the company.

BAESY has been the topic of a number of analyst reports. Zacks Investment Research upgraded shares of BAE SYS PLC/S from a “sell” rating to a “hold” rating in a research report on Thursday, November 8th. Raymond James upgraded shares of BAE SYS PLC/S from an “underperform” rating to a “market perform” rating in a research report on Friday, November 9th. Bank of America lowered shares of BAE SYS PLC/S from a “buy” rating to a “neutral” rating in a research report on Tuesday. Finally, UBS Group lowered shares of BAE SYS PLC/S from a “buy” rating to a “neutral” rating in a research report on Thursday.

Shares of OTCMKTS BAESY opened at $23.13 on Tuesday. BAE SYS PLC/S has a 1 year low of $22.64 and a 1 year high of $36.41. The company has a market cap of $18.99 billion, a P/E ratio of 11.34, a PEG ratio of 2.31 and a beta of 0.84. The company has a current ratio of 0.96, a quick ratio of 0.87 and a debt-to-equity ratio of 0.58.

A hedge fund recently bought a new stake in BAE SYS PLC/S stock. Glenmede Trust Co. NA purchased a new position in shares of BAE SYS PLC/S (OTCMKTS:BAESY) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 144,480 shares of the aerospace company’s stock, valued at approximately $4,746,000. 0.42% of the stock is owned by hedge funds and other institutional investors.

About BAE SYS PLC/S

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

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Analyst Recommendations for BAE SYS PLC/S (OTCMKTS:BAESY)

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