Barclays PLC restated their underweight rating on shares of BAE Systems plc (LON:BA) in a research note released on Monday. The firm currently has a GBX 460 ($5.79) price objective on the stock.

Several other brokerages have also weighed in on BA. Jefferies Group LLC reissued a hold rating and issued a GBX 600 ($7.55) price objective on shares of BAE Systems plc in a report on Friday, March 17th. Berenberg Bank boosted their price objective on BAE Systems plc from GBX 580 ($7.30) to GBX 700 ($8.81) and gave the company a buy rating in a report on Friday, March 10th. JPMorgan Chase & Co. boosted their price objective on BAE Systems plc from GBX 665 ($8.37) to GBX 685 ($8.62) and gave the company an overweight rating in a report on Tuesday, February 28th. Citigroup Inc upped their target price on BAE Systems plc from GBX 630 ($7.93) to GBX 720 ($9.06) and gave the company a buy rating in a report on Monday, February 27th. Finally, Beaufort Securities reaffirmed a buy rating on shares of BAE Systems plc in a report on Friday, February 24th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, ten have issued a buy rating and two have given a strong buy rating to the company. The company presently has an average rating of Buy and an average price target of GBX 644 ($8.11).

BAE Systems plc (LON:BA) opened at 620.50 on Monday. The company’s market capitalization is GBX 19.70 billion. The firm has a 50-day moving average price of GBX 642.04 and a 200 day moving average price of GBX 599.54. BAE Systems plc has a 1-year low of GBX 464.80 and a 1-year high of GBX 657.00.

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The business also recently declared a dividend, which will be paid on Thursday, June 1st. Stockholders of record on Thursday, April 20th will be paid a GBX 12.70 ($0.16) dividend. This represents a dividend yield of 2%. The ex-dividend date is Thursday, April 20th.

In other news, insider Lynn C. Minella sold 52,558 shares of the company’s stock in a transaction on Thursday, March 30th. The shares were sold at an average price of GBX 653 ($8.22), for a total value of £343,203.74 ($431,974.50). Also, insider Ian King sold 256,279 shares of the company’s stock in a transaction on Thursday, February 23rd. The stock was sold at an average price of GBX 611 ($7.69), for a total transaction of £1,565,864.69 ($1,970,880.67). Over the last ninety days, insiders bought 46,640 shares of company stock worth $28,451,596 and sold 347,133 shares worth $215,495,763.

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.

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