BAE SYS PLC/S (BAESY) Downgraded by UBS Group to “Neutral”

BAE SYS PLC/S (OTCMKTS:BAESY) was downgraded by stock analysts at UBS Group from a “buy” rating to a “neutral” rating in a note issued to investors on Thursday, December 6th, 99wallstreet.com reports.

Several other analysts have also commented on BAESY. Zacks Investment Research lowered BAE SYS PLC/S from a “hold” rating to a “sell” rating in a report on Tuesday, October 16th. Raymond James raised BAE SYS PLC/S from an “underperform” rating to a “market perform” rating in a report on Friday, November 9th. Finally, Bank of America lowered BAE SYS PLC/S from a “buy” rating to a “neutral” rating in a report on Tuesday, December 4th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. BAE SYS PLC/S has an average rating of “Hold” and a consensus target price of $38.00.

BAE SYS PLC/S stock opened at $22.75 on Thursday. The stock has a market cap of $18.30 billion, a P/E ratio of 11.15, a P/E/G ratio of 2.22 and a beta of 0.84. BAE SYS PLC/S has a 52 week low of $22.54 and a 52 week high of $36.41. The company has a current ratio of 0.96, a quick ratio of 0.87 and a debt-to-equity ratio of 0.58.

An institutional investor recently bought a new position in BAE SYS PLC/S stock. Glenmede Trust Co. NA purchased a new position in BAE SYS PLC/S (OTCMKTS:BAESY) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 144,480 shares of ....

read more from pressoracle.com