BAE SYS PLC/S (OTCMKTS:BAESY) has received a consensus rating of “Hold” from the six research firms that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company.
Several analysts have recently commented on BAESY shares. Zacks Investment Research raised shares of BAE SYS PLC/S from a “sell” rating to a “hold” rating in a research report on Thursday, August 2nd. Raymond James raised shares of BAE SYS PLC/S from an “underperform” rating to a “market perform” rating in a research report on Friday, November 9th.
A hedge fund recently bought a new stake in BAE SYS PLC/S stock. Glenmede Trust Co. NA bought a new position in BAE SYS PLC/S (OTCMKTS:BAESY) during the third quarter, according to its most recent filing with the SEC. The firm bought 144,480 shares of the aerospace company’s stock, valued at approximately $4,746,000. Institutional investors own 0.43% of the company’s stock.
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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