Streetbeat News

BAESF

BAE Systems plc

https://www.baesystems.com/

CEO

Charles Woodburn

Industry

Small Arms Ammunition Manufacturing

Open

22.00

Mkt cap

65B

Volume

5.5K

High

22.50

P/E Ratio

25.96

52-wk high

22.43

Low

21.22

Div yield

0.02

52-wk low

14.03

BAE Systems is poised for growth due to strong defense market demand and strategic initiatives. The company reaffirms its guidance for the second half of the year, expecting similar margins and growth as the first half.

Portfolio Pulse from

January 29, 2025 | 6:30 pm

BAE Systems PLC is among several defense firms anticipating an increase in dealmaking activities due to rising global conflicts, which are boosting cash flow and demand for new technologies.

Portfolio Pulse from

December 31, 2024 | 8:30 am

Deutsche Bank has downgraded BAE Systems PLC's share price target from 1,540p to 1,510p, but maintains a 'buy' recommendation, indicating confidence in the company's long-term prospects.

Portfolio Pulse from

December 17, 2024 | 2:30 pm

Citi analysts have expressed strong support for BAE Systems, highlighting it as more attractive than its US peers despite concerns about potential US defense spending cuts.

Portfolio Pulse from

December 02, 2024 | 11:45 am

BAE Systems is expected to grow due to increased defense spending, as highlighted in a Deutsche Bank note. The company's shares are seen as a strong prospect following a positive trading update.

Portfolio Pulse from

November 25, 2024 | 9:30 am

BAE Systems plc has raised its FY24 sales guidance to 12-14% and EBIT margin to 12-14%, supported by strong performance and significant contracts. The acquisition of Ball Aerospace is expected to enhance capabilities and drive 10% annual sales growth.

Portfolio Pulse from

November 18, 2024 | 9:45 pm

BAE Systems PLC is set to construct a new artillery equipment and munitions factory in Sheffield, creating fifty skilled jobs. This move aims to enhance the UK's long-term artillery capabilities and boost export opportunities.

Portfolio Pulse from

November 15, 2024 | 3:45 pm

Panmure Liberum has reiterated its 'buy' rating on BAE Systems PLC, citing steady demand and robust fundamentals, despite recent profit-taking.

Portfolio Pulse from

November 13, 2024 | 4:15 pm

BAE Systems has secured £3.95 billion in funding for the next phase of the SSN-AUKUS project, the U.K.'s next-generation nuclear-powered attack submarine program. The funding will facilitate the detailed design phase, procurement of essential components, and generate employment for over 5,000 individuals. BAE Systems’ Submarines business plays a vital role in the U.K. economy, particularly in the north west of England.

Portfolio Pulse from Akanksha Bakshi

October 02, 2023 | 10:56 am

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