BAE Systems plc (BA) to Issue Dividend of GBX 12.40 on December 2nd

BAE Systems plc (LON:BA) declared a dividend on Thursday, August 1st, Upcoming.Co.Uk reports. Stockholders of record on Thursday, October 24th will be given a dividend of GBX 12.40 ($0.16) per share on Monday, December 2nd. This represents a dividend yield of 0.96%. The ex-dividend date is Thursday, October 24th. The official announcement can be seen at this link.

BAE Systems Trading Up 0.2 %

Shares of BA stock opened at GBX 1,327.50 ($17.24) on Tuesday. The company has a market capitalization of £40.09 billion, a PE ratio of 2,207.50, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. The business’s fifty day moving average is GBX 1,303.48 and its 200 day moving average is GBX 1,318.90. BAE Systems has a 52-week low of GBX 1,012.50 ($13.15) and a 52-week high of GBX 1,415.25 ($18.38).

Analyst Ratings Changes

BA has been the topic of a number of research reports. Berenberg Bank reissued a “buy” rating and set a GBX 1,360 ($17.66) price objective on shares of BAE Systems in a report on Friday, September 6th. Shore Capital reaffirmed a “hold” rating on shares of BAE Systems in a research note on Thursday, August 1st. Citigroup raised BAE Systems to a “buy” rating and set a GBX 1,440 ($18.70) price objective for the company in a research note on Monday, July 29th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,500 ($19.48) price target on shares of BAE Systems in a report on Thursday, July 25th. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,438 ($18.67).

About BAE Systems

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.