((BA))E Systems logo” title=”((BA))E Systems logo” class=”companylogo”/>((BA))E Systems (OTCMKTS:((BA))ESY) was downgraded by Exane BNP Paribas from an “outperform” rating to a “neutral” rating in a report issued on Friday, The Fly reports.
Several other brokerages have also weighed in on ((BA))ESY. Credit Suisse Group reaffirmed an “outperform” rating on shares of ((BA))E Systems in a research note on Tuesday, January 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of ((BA))E Systems in a research report on Wednesday, March 24th. Morgan Stanley reissued an “overweight” rating on shares of ((BA))E Systems in a research report on Thursday, February 11th. Berenberg Bank restated a “buy” rating on shares of ((BA))E Systems in a research report on Tuesday, March 2nd. Finally, Barclays reiterated an “overweight” rating on shares of ((BA))E Systems in a report on Tuesday, January 5th. Four analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. ((BA))E Systems currently has a consensus rating of “Buy” and an average target price of $31.00.
Shares of OTCMKTS:((BA))ESY traded down $0.14 during midday trading on Friday, reaching $29.13. 394,284 shares of the company’s stock were exchanged, compared to its average volume of 330,706. The stock has a market cap of $23.45 billion, a price-to-earnings ratio of 14.28 and a beta of 1.17. ((BA))E Systems has a fifty-two week low of $20.67 and a fifty-two week high of $29.36. The firm’s 50 day simple moving average is $27.77 and its two-hundred day simple moving average is $26.57. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.07 and a quick ratio of 0.96.
A number of hedge funds have recently bought and sold shares of ((BA))ESY. Captrust Financial Advisors raised its stake in ((BA))E Systems by 12.8% in the fourth quarter. Captrust Financial Advisors now owns 5,111 shares of the aerospace company’s stock valued at $139,000 after buying an additional 581 shares in the last quarter. Opus Capital Group LLC purchased a new stake in ((BA))E Systems in the 4th quarter valued at $218,000. Finally, Schafer Cullen Capital Management Inc grew its position in ((BA))E Systems by 10.6% during the 4th quarter. Schafer Cullen Capital Management Inc now owns 1,423,913 shares of the aerospace company’s stock worth $38,659,000 after purchasing an additional 136,683 shares during the last quarter. 0.30% of the stock is currently owned by institutional investors.
((BA))E Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The Electronic Systems segment offers electronic warfare 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 systems, and hybrid electric drive systems.
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7 Stocks to Support Your New Year’s Resolutions
After a year like 2020, many Americans figure that just getting to 2021 was enough. But for many people, the start of a new year still means making resolutions. And while many Americans are still waking up to Groundhog’s Day, there is hope that things will look dramatically different in September than they do right now.
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View the “7 Stocks to Support Your New Year’s Resolutions”.