UBS Reaffirms Their Buy Rating on BAE Systems (BAESF)
UBS analyst Ian Douglas maintained a Buy rating on BAE Systems today and set a price target of p2,600.00.
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Douglas covers the Industrials sector, focusing on stocks such as Rolls-Royce Holdings, Airbus Group SE, and MTU Aero Engines. According to TipRanks, Douglas has an average return of 35.2% and a 75.24% success rate on recommended stocks.
Currently, the analyst consensus on BAE Systems is a Moderate Buy with an average price target of p0.20.
BAESF market cap is currently £56.2B and has a P/E ratio of 30.74.
Based on the recent corporate insider activity of 185 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BAESF in relation to earlier this year.
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