Bae Systems PLC (OTCMKTS:BAESY) has earned an average rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company.

BAESY has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of Bae Systems PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, April 18th. ValuEngine raised shares of Bae Systems PLC from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd. Finally, J P Morgan Chase & Co cut shares of Bae Systems PLC from an “overweight” rating to a “neutral” rating in a research note on Friday, June 23rd.

A number of hedge funds and other institutional investors have recently made changes to their positions in BAESY. Boyd Watterson Asset Management LLC OH raised its position in shares of Bae Systems PLC by 0.5% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 7,176 shares of the aerospace company’s stock worth $236,000 after buying an additional 36 shares during the last quarter. Eqis Capital Management Inc. raised its position in shares of Bae Systems PLC by 9.2% in the second quarter. Eqis Capital Management Inc. now owns 9,499 shares of the aerospace company’s stock worth $319,000 after buying an additional 797 shares during the last quarter. Ferguson Wellman Capital Management Inc. raised its position in shares of Bae Systems PLC by 0.6% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 310,708 shares of the aerospace company’s stock worth $10,227,000 after buying an additional 1,920 shares during the last quarter. Hartwell J M Limited Partnership purchased a new position in shares of Bae Systems PLC during the first quarter worth $435,000. Finally, Moody Lynn & Lieberson LLC purchased a new position in shares of Bae Systems PLC during the second quarter worth $530,000. Institutional investors own 0.40% of the company’s stock.

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Bae Systems PLC (BAESY) traded down 0.19% during trading on Friday, hitting $32.25. 82,608 shares of the stock traded hands. Bae Systems PLC has a 52-week low of $25.94 and a 52-week high of $35.23.

Bae Systems PLC Company Profile

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.

Analyst Recommendations for Bae Systems PLC (OTCMKTS:BAESY)

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