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

Bae Systems PLC (OTCMKTS:BAESY) has earned an average rating of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of brokerages recently issued reports on BAESY. Morgan Stanley reiterated an “overweight” rating on shares of Bae Systems in a research report on Thursday. Kepler Capital Markets upgraded Bae Systems from a “hold” rating to a “buy” rating in a report on Wednesday.

Bae Systems Price Performance

Shares of BAESY opened at $95.60 on Thursday. The company has a quick ratio of 0.87, a current ratio of 0.99 and a debt-to-equity ratio of 0.60. The stock has a 50 day moving average of $106.59 and a 200 day moving average of $108.29. Bae Systems has a 12 month low of $84.50 and a 12 month high of $126.00.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Atlas Capital Advisors Inc. bought a new position in shares of Bae Systems during the 4th quarter valued at about $98,000. PNC Financial Services Group Inc. raised its position in Bae Systems by 9.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 1,690 shares of the aerospace company’s stock worth $157,000 after purchasing an additional 140 shares during the period. Riverbridge Partners LLC purchased a new position in shares of Bae Systems during the first quarter worth approximately $221,000. Kingswood Wealth Advisors LLC purchased a new position in shares of Bae Systems during the fourth quarter worth approximately $250,000. Finally, Pinnacle Wealth Management Advisory Group LLC purchased a new position in shares of Bae Systems during the first quarter worth approximately $307,000. 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.