From MarketBeat:



Shares of BAE Systems plc have received a “Buy” rating from the seven research firms currently covering the company, with an average 1-year price target of GBX 1,114.33. Several brokerages have issued “buy” ratings for the stock with price targets between GBX 1,170 and GBX 1,220. BAE stock opened at GBX 1,090 on Tuesday, trading down 0.3%.

Insider Angus Cockburn recently purchased 2,000 shares of the stock, while insiders have acquired 2,028 shares of company stock in the last three months. The company provides defense, aerospace, and security solutions worldwide, operating through segments like Electronic Systems, Cyber & Intelligence, and Air, among others.

This news alert was generated by narrative science technology and financial data from MarketBeat. While BAE Systems currently has a “Buy” rating among analysts, top-rated analysts believe there are better stocks to buy.



Read more: BAE Systems plc (LON:BA) Given Average Recommendation of “Buy” by Brokerages